§ 240.18a-1c. Consolidated Computations of Net Capital for Certain Subsidiaries and Affiliates of Security-Based Swap Dealers.
46 words·~1 min read·
/us/cfr/t17/s§ 240.18a-1c·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Every security-based swap dealer in computing its net capital pursuant to § 240.18a-1 shall include in its computation all liabilities or obligations of a subsidiary or affiliate that the security-based swap dealer guarantees, endorses, or assumes either directly or indirectly. \[84 FR 44065, Aug. 22, 2019\]