§ 38.651. Protection of markets and market participants.
129 words·~1 min read·
/us/cfr/t17/s§ 38.651·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A designated contract market must have and enforce rules that are designed to promote fair and equitable trading and to protect the market and market participants from abusive practices including fraudulent, noncompetitive or unfair actions, committed by any party. The designated contract market must have methods and resources appropriate to the nature of the trading system and the structure of the market to detect trade practice and market abuses and to discipline such behavior, in accordance with Core Principles 2 and 4, and the associated regulations in subparts C and E of this part, respectively.
The designated contract market also must provide a competitive, open and efficient market and mechanism for executing transactions in accordance with Core Principle 9 and the associated regulations under subpart J of this part.
Connections1 cite this
Cited by 1 section
Citation graph
cites case law
§ 38.651
Protection of markets and market participants.
Fed. Reg.×1
Cites 0Cited by 1 across 1 source