§ 39.8. Fraud in connection with the clearing of transactions on a derivatives clearing organization.
80 words·~1 min read·
/us/cfr/t17/s§ 39.8·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
It shall be unlawful for any person, directly or indirectly, in or in connection with the clearing of transactions by a derivatives clearing organization:
(a)To cheat or defraud or attempt to cheat or defraud any person;
(b)Willfully to make or cause to be made to any person any false report or statement or cause to be entered for any person any false record; or
(c)Willfully to deceive or attempt to deceive any person by any means whatsoever.