§ 370.36. When does a transaction request become effective?
39 words·~1 min read·
/us/cfr/t31/s§ 370.36·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Except for auction bids of U.S. securities or unless otherwise agreed, a transaction request becomes effective at the moment we send a confirmation message. In no instance does a transaction request become effective before we actually receive the request.