§ 240.3a71-4. Exception from aggregation for affiliated groups with registered security-based swap dealers.
64 words·~1 min read·
/us/cfr/t17/s§ 240.3a71-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Notwithstanding §§ 240.3a71-2(a)(1) and 240.3a71-3(b)(2), a person shall not include the security-based swap transactions of another person (an "affiliate") controlling, controlled by, or under common control with such person where such affiliate either is:
(a)Registered with the Commission as a security-based swap dealer; or
(b)Deemed not to be a security-based swap dealer pursuant to § 240.3a71-2(b). \[79 FR 47370, Aug. 12, 2014\]