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Code · CFR · Title 17 — Commodity and Securities Exchanges · Part 38 — Designated Contract Markets · § 38.151

§ 38.151. Access requirements.

159 words·~1 min read·/us/cfr/t17/s§ 38.151·

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(a)Jurisdiction. Prior to granting any member or market participant access to its markets, a designated contract market must require that the member or market participant consent to its jurisdiction.
(b)Impartial access by members, persons with trading privileges and independent software vendors. A designated contract market must provide its members, persons with trading privileges, and independent software vendors with impartial access to its markets and services, including:
(1)Access criteria that are impartial, transparent, and applied in a non-discriminatory manner; and
(2)Comparable fee structures for members, persons with trading privileges and independent software vendors receiving equal access to, or services from, the designated contract market.
(c)Limitations on access. A designated contract market must establish and impartially enforce rules governing denials, suspensions, and revocations of a member's and a person with trading privileges' access privileges to the designated contract market, including when such actions are part of a disciplinary or emergency action by the designated contract market.
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§ 38.151
Access requirements.
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