§ 22.7. Permitted depositories: Treatment of Cleared Swaps Customer Collateral.
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/us/cfr/t17/s§ 22.7·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A Permitted Depository shall treat all funds in a Cleared Swaps Customer Account as Cleared Swaps Customer Collateral. A Permitted Depository shall not hold, dispose of, or use any such Cleared Swaps Customer Collateral as belonging to any person other than:
(a)The Cleared Swaps Customers of the futures commission merchant maintaining such Cleared Swaps Customer Account or;
(b)The Cleared Swaps Customers of the futures commission merchants for which the derivatives clearing organization maintains such Cleared Swaps Customer Account.
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§ 22.7
Permitted depositories: Treatment of Cleared Swaps Customer Collateral.
Fed. Reg.×1
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