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Code · CFR · Title 17 — Commodity and Securities Exchanges · Part 37 — Swap Execution Facilities · § 37.800

§ 37.800. Core Principle 8---Emergency authority.

48 words·~1 min read·/us/cfr/t17/s§ 37.800·

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The swap execution facility shall adopt rules to provide for the exercise of emergency authority, in consultation or cooperation with the Commission, as is necessary and appropriate, including the authority to liquidate or transfer open positions in any swap or to suspend or curtail trading in a swap.
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§ 37.800
Core Principle 8---Emergency authority.
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