17 C.F.R. § 275.222-2 Definition of “client” for purposes of the national de minimis standard.
Title 17 - Commodity and Securities Exchanges
For purposes of section 222(d)(2) of the Act (15 U.S.C. 80b–18a(d)(2)), an investment adviser may rely upon the definition of “client” provided by section 275.203(b)(3)–1 without giving regard to paragraph (b)(6) of that section. [69 FR 72089, Dec. 10, 2004]
Title 17: Commodity and Securities Exchanges
PART 275—RULES AND REGULATIONS, INVESTMENT ADVISERS ACT OF 1940
§ 275.222-2 Definition of “client” for purposes of the national de minimis standard.
