17 C.F.R. § 1.28   Appraisal of instruments purchased with customer funds.


Title 17 - Commodity and Securities Exchanges


Title 17: Commodity and Securities Exchanges
PART 1—GENERAL REGULATIONS UNDER THE COMMODITY EXCHANGE ACT
Customers' Money, Securities, and Property

Browse Previous |  Browse Next

§ 1.28   Appraisal of instruments purchased with customer funds.

Futures commission merchants who invest customer funds in instruments described in §1.25 of this part shall include such instruments in segregated account records and reports at values which at no time exceed current market value, determined as of the close of the market on the date for which such computation is made.

[58 FR 10953, Feb. 23, 1993, as amended at 65 FR 78013, Dec. 13, 2000]

Browse Previous |  Browse Next























































chanrobles.com





ChanRobles Legal Resources:

ChanRobles On-Line Bar Review

ChanRobles Internet Bar Review : www.chanroblesbar.com

ChanRobles MCLE On-line

ChanRobles Lawnet Inc. - ChanRobles MCLE On-line : www.chanroblesmcleonline.com