§ 31.27. Registered futures association membership.
59 words·~1 min read·
/us/cfr/t17/s§ 31.27·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each person registered or required to register as a leverage transaction merchant must become and remain a member of at least one futures association which is registered under section 17 of the Act and which provides for the membership therein of such leverage transaction merchant, unless no such futures association is so registered. \[54 FR 41083, Oct. 5, 1989\]