cfr_sections
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17 rows where agency = "CFTC" and part_number = 22 sorted by section_id
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| section_id ▼ | title_number | title_name | chapter | subchapter | part_number | part_name | subpart | subpart_name | section_number | section_heading | agency | authority | source_citation | amendment_citations | full_text |
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| 17:17:1.0.1.1.21.0.7.1 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.1 Definitions. | CFTC | [77 FR 6371, Feb. 7, 2012, as amended at 77 FR 66334, Nov. 2, 2012] | For the purposes of this part: Cleared Swap. This term refers to a transaction constituting a “cleared swap” within the meaning of section 1a(7) of the Act. (1) This term shall exclude any swap (along with money, securities, or other property received to margin, guarantee, or secure such a swap) that, pursuant to a Commission rule, regulation, or order, is (along with such money, securities, or other property) commingled with a commodity future or option (along with money, securities, or other property received to margin, guarantee, or secure such a future or option) that is segregated pursuant to section 4d(a) of the Act. (2) This term shall include any trade or contract (along with money, securities or other property received to margin, guarantee, or secure such a trade or contract), that (i) Would be required to be segregated pursuant to section 4d(a) of the Act, or (ii) Would be subject to § 30.7 of this chapter, but which is, in either case, pursuant to a Commission rule, regulation, or order (or a derivatives clearing organization rule approved in accordance with § 39.15(b)(2) of this chapter), commingled with a swap (along with money, securities, or other property received to margin, guarantee, or secure such a swap) in an account segregated pursuant to section 4d(f) of the Act. Cleared Swaps Customer. This term refers to any person entering into a Cleared Swap, but shall exclude: (1) Any owner or holder of a Cleared Swaps Proprietary Account with respect to the Cleared Swaps in such account; and (2) A clearing member of a derivatives clearing organization with respect to Cleared Swaps cleared on that derivatives clearing organization. A person shall be a Cleared Swaps Customer only with respect to its Cleared Swaps. Cleared Swaps Customer Account. This term refers to any account for the Cleared Swaps of Cleared Swaps Customers and associated Cleared Swaps Customer Collateral that: (1) A futures commission merchant maintains on behalf of Cleared Swaps Customers (including, in the case of a Col… | ||||||
| 17:17:1.0.1.1.21.0.7.10 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.10 Application of other regulatory provisions. | CFTC | [77 FR 66335, Nov. 2, 2012] | Sections 1.27, 1.28, 1.29, and 1.30 of this chapter shall apply to the Cleared Swaps Customer Collateral in accordance with the terms therein. | ||||||
| 17:17:1.0.1.1.21.0.7.11 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.11 Information to be provided regarding Cleared Swaps Customers and their Cleared Swaps. | CFTC | [77 FR 6371, Feb. 7, 2012, as amended at 77 FR 66335, Nov. 2, 2012] | (a) Each Depositing Futures Commission Merchant shall: (1) The first time that the Depositing Futures Commission Merchant intermediates a Cleared Swap for a Cleared Swaps Customer with a Collecting Futures Commission Merchant, provide information sufficient to identify such Cleared Swaps Customer to the relevant Collection Futures Commission Merchant; and (2) At least once each business day thereafter, provide information to the relevant Collecting Futures Commission Merchant sufficient to identify, for each Cleared Swaps Customer, the portfolio of rights and obligations arising from the Cleared Swaps that the Depositing Futures Commission Merchant intermediates for such Cleared Swaps Customer. (b) If an entity serves as both a Depositing Futures Commission Merchant and a Collecting Futures Commission Merchant, then: (1) The information that such entity must provide to its Collecting Futures Commission Merchant pursuant to paragraph (a)(1) of this section shall also include information sufficient to identify each Cleared Swaps Customer of the Depositing Futures Commission Merchant for which such entity serves as a Collecting Futures Commission Merchant; and (2) The information that such entity must provide to its Collecting Futures Commission Merchant pursuant to paragraph (a)(2) of this section shall also include information sufficient to identify, for each Cleared Swaps Customer referenced in paragraph (b)(1) of this section, the portfolio of rights and obligations arising from the Cleared Swaps that such entity intermediates as a Collecting Futures Commission Merchant, on behalf of its Depositing Futures Commission Merchant, for such Cleared Swaps Customer. (c) Each futures commission merchant that intermediates a Cleared Swap for a Cleared Swaps Customer, on or subject to the rules of a derivatives clearing organization, directly as a Clearing Member shall: (1) The first time that such futures commission merchant intermediates a Cleared Swap for a Cleared Swaps Customer, provide information to the rele… | ||||||
| 17:17:1.0.1.1.21.0.7.12 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.12 Information to be maintained regarding Cleared Swaps Customer Collateral. | CFTC | [77 FR 6371, Feb. 7, 2012, as amended at 77 FR 66335, Nov. 2, 2012] | (a) Each Collecting Futures Commission Merchant receiving Cleared Swaps Customer Collateral from an entity serving as a Depositing Futures Commission Merchant shall, no less frequently than once each business day, calculate and record: (1) the amount of collateral required at such Collecting Futures Commission Merchant for each Cleared Swaps Customer of the entity acting as Depositing Futures Commission Merchant (including, without limitation, each Cleared Swaps Customer of any Depositing Futures Commission Merchant for which such entity also serves as a Collecting Futures Commission Merchant); and (2) the sum of the individual collateral amounts referenced in paragraph (a)(1) of this section. (b) Each Collecting Futures Commission Merchant shall calculate the collateral amounts referenced in paragraph (a) of this section with respect to the portfolio of rights and obligations arising from the Cleared Swaps that the Collecting Futures Commission Merchant intermediates, on behalf of the Depositing Futures Commission Merchant, for each Cleared Swaps Customer referenced in paragraph (a)(1) of this section. (c) Each derivatives clearing organization receiving Cleared Swaps Customer Collateral from a futures commission merchant shall, no less frequently than once each business day, calculate and record: (1) the amount of collateral required at such derivatives clearing organization for each Cleared Swaps Customer of the futures commission merchant; and (2) the sum of the individual collateral amounts referenced in paragraph (c)(1) of this section. (d) If the futures commission merchant referenced in paragraph (c) of this section is a Collecting Futures Commission Merchant, then the derivatives clearing organization shall also perform and record the results of the calculation required in paragraph (c) of this section for each Cleared Swaps Customer of an entity acting as a Depositing Futures Commission Merchant in relation to the Collecting Futures Commission Merchant (including, without limitation, any Cleared … | ||||||
| 17:17:1.0.1.1.21.0.7.13 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.13 Additions to Cleared Swaps Customer Collateral. | CFTC | [77 FR 6371, Feb. 7, 2012, as amended at 77 FR 66335, Nov. 2, 2012] | (a)(1) At the election of the derivatives clearing organization or Collecting Futures Commission Merchant, the collateral requirement referred to in § 22.12(a), (c), and (d) applicable to a particular Cleared Swaps Customer or group of Cleared Swaps Customers may be increased based on an evaluation of the credit risk posed by such Cleared Swaps Customer or group, in which case the derivatives clearing organization or Collecting Futures Commission Merchant shall collect and record such higher amount as provided in § 22.12. (2) Nothing in paragraph (a)(1) of this section is intended to interfere with the right of a futures commission merchant to increase the collateral requirements at such futures commission merchant with respect to any of its Cleared Swaps Customers, Futures Customers (as § 1.3 of this chapter defines that term), or Foreign Futures or Foreign Options Customers (as § 30.1 of this chapter defines that term). (b) Any collateral deposited by a futures commission merchant (including a Depositing Futures Commission Merchant) pursuant to § 22.2(e)(3)(ii) of this part, which collateral is identified as such futures commission merchant's own property may be used by the derivatives clearing organization or Collecting Futures Commission Merchant, as applicable, to margin, guarantee or secure the Cleared Swaps of any or all of such Cleared Swaps Customers. (c) A futures commission merchant may transmit to a derivatives clearing organization any collateral posted by a Cleared Swaps Customer in excess of the amount required by the derivatives clearing organization if: (1) the rules of the derivatives clearing organization expressly permit the futures commission merchant to transmit collateral in excess of the amount required by the derivatives clearing organization; and (2) the derivatives clearing organization provides a mechanism by which the futures commission merchant is able to, and maintains rules pursuant to which the futures commission merchant is required to, identify each Business Day, for each C… | ||||||
| 17:17:1.0.1.1.21.0.7.14 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.14 Futures Commission Merchant failure to meet a Cleared Swaps Customer Margin Call in full. | CFTC | [77 FR 6371, Feb. 7, 2012, as amended at 77 FR 66335, Nov. 2, 2012] | (a) A Depositing Futures Commission Merchant which receives a call for either initial margin or variation margin with respect to a Cleared Swaps Customer Account from a Collecting Futures Commission Merchant, which call such Depositing Futures Commission Merchant does not meet in full, shall, with respect to each Cleared Swaps Customer of such Depositing Futures Commission Merchant whose Cleared Swaps contribute to such margin call, (1) Transmit to the Collecting Futures Commission Merchant an amount equal to the lesser of (i) The amount called for; or (ii) The remaining Cleared Swaps Collateral on deposit at such Depositing Futures Commission Merchant for that Cleared Swaps Customer; and (2) Advise the Collecting Futures Commission Merchant of the identity of each such Cleared Swaps Customer, and the amount transmitted on behalf of each such Cleared Swaps Customer. (b) If the entity acting as Depositing Futures Commission Merchant referenced in paragraph (a) of this section is also a Collecting Futures Commission Merchant, then: (1) Such entity shall include in the transmission required in paragraph (a)(1) of this section any amount that it receives, pursuant to paragraph (a)(1) of this section, from a Depositing Futures Commission Merchant for which such entity acts as a Collecting Futures Commission Merchant; and (2) Such entity shall present its Collecting Futures Commission Merchant with the information that it receives, pursuant to paragraph (a)(2) of this section, from a Depositing Futures Commission Merchant for which such entity acts as a Collecting Futures Commission Merchant. (c) A futures commission merchant which receives a call for either initial or variation margin with respect to a Cleared Swaps Customer Account from a derivatives clearing organization, which call such futures commission merchant does not meet in full, shall, with respect to each Cleared Swaps Customer of such futures commission merchant whose Cleared Swaps contribute to such margin call: (1) Transmit to the derivatives c… | ||||||
| 17:17:1.0.1.1.21.0.7.15 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.15 Treatment of Cleared Swaps Customer Collateral on an individual basis. | CFTC | [77 FR 66335, Nov. 2, 2012] | Subject to § 22.3(d), each derivatives clearing organization and each Collecting Futures Commission Merchant receiving Cleared Swaps Customer Collateral from a futures commission merchant shall treat the value of collateral required with respect to the portfolio of rights and obligations arising out of the Cleared Swaps intermediated for each Cleared Swaps Customer, and collected from the futures commission merchant, as belonging to such Cleared Swaps Customer, and such amount shall not be used to margin, guarantee, or secure the Cleared Swaps or other obligations of the futures commission merchant, or of any other Cleared Swaps Customer, Futures Customer (as § 1.3 of this chapter defines that term), or Foreign Futures or Foreign Options Customer (as § 30.1 of this chapter defines that term). Nothing contained herein shall be construed to limit, in any way, the right of a derivatives clearing organization or Collecting Futures Commission Merchant to liquidate any or all positions in a Cleared Swaps Customer Account in the event of a default of a clearing member or Depositing Futures Commission Merchant. | ||||||
| 17:17:1.0.1.1.21.0.7.16 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.16 Disclosures to Cleared Swaps Customers. | CFTC | [77 FR 6371, Feb. 7, 2012] | (a) A futures commission merchant shall disclose, to each of its Cleared Swaps Customers, the governing provisions, as described in paragraph (c) of this section, relating to use of Cleared Swaps Customer Collateral, transfer, neutralization of the risks, or liquidation of Cleared Swaps in the event of a default by the futures commission merchant relating to the Cleared Swaps Customer Account, as well as any change in such governing provisions. (b) If the futures commission merchant referenced in paragraph (a) of this section is a Depositing Futures Commission Merchant, then such futures commission merchant shall disclose, to each of its Cleared Swaps Customers, the governing provisions, as described in paragraph (c) of this section, relating to use of Cleared Swaps Customer Collateral, transfer, neutralization of the risks, or liquidation of Cleared Swaps in the event of a default by: (1) Such futures commission merchant or (2) Any relevant Collecting Futures Commission Merchant relating to the Cleared Swaps Customer Account, as well as any change in such governing provisions. (c) The governing provisions referred to in paragraphs (a) and (b) of this section are the rules of each derivatives clearing organization, or the provisions of the customer agreement between the Collecting Futures Commission Merchant and the Depositing Futures Commission Merchant, on or through which the Depositing Futures Commission Merchant will intermediate Cleared Swaps for such Cleared Swaps Customer. | ||||||
| 17:17:1.0.1.1.21.0.7.17 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.17 Policies and procedures governing disbursements of Cleared Swaps Customer Collateral from Cleared Swaps Customer Accounts. | CFTC | [78 FR 68647, Nov. 14, 2013] | (a) The provision in section 4d(f)(2) of the Act that prohibits the commingling of Cleared Swaps Customer Collateral with the funds of a futures commission merchant, shall not be construed to prevent a futures commission merchant from having a residual financial interest in the funds segregated as required by the Act and the regulations in this part and set apart for the benefit of Cleared Swaps Customers; nor shall such provisions be construed to prevent a futures commission merchant from adding to such segregated funds such amount or amounts of money, from its own funds or unencumbered securities from its own inventory, of the type set forth in § 1.25 of this chapter, as it may deem necessary to ensure any and all Cleared Swaps Customer Accounts are not undersegregated at any time. (b) A futures commission merchant may not withdraw funds, except withdrawals that are made to or for the benefit of Cleared Swaps Customers, from a Cleared Swaps Customer Account unless the futures commission merchant has prepared the daily segregation calculation required by § 22.2 as of the close of business on the previous business day. A futures commission merchant that has completed its daily segregation calculation may make withdrawals, in addition to withdrawals that are made to or for the benefit of Cleared Swaps Customers, to the extent of its actual residual financial interest in funds held in segregated accounts, including the withdrawal of securities held in segregated safekeeping accounts held by a bank, trust company, derivatives clearing organization or other futures commission merchant. Such withdrawal(s) shall not result in the funds of one Cleared Swaps Customer being used to purchase, margin or carry the trades, contracts or swaps positions, or extend the credit of any other Cleared Swaps Customer or other person. (c) A futures commission merchant may not withdraw funds, in a single transaction or a series of transactions, that are not made to or for the benefit of Cleared Swaps Customers from Cleared Swaps Custo… | ||||||
| 17:17:1.0.1.1.21.0.7.2 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.2 Futures Commission Merchants: Treatment of Cleared Swaps and Associated Cleared Swaps Customer Collateral. | CFTC | [77 FR 6371, Feb. 7, 2012, as amended at 77 FR 66334, Nov. 2, 2012; 78 FR 68645, Nov. 14, 2013; 90 FR 7873, 7937, Jan. 22, 2025] | (a) General. A futures commission merchant shall treat and deal with the Cleared Swaps of Cleared Swaps Customers and associated Cleared Swaps Customer Collateral as belonging to Cleared Swaps Customers. (b) Location of Cleared Swaps Customer Collateral. (1) A futures commission merchant must segregate all Cleared Swaps Customer Collateral that it receives, and must either hold such Cleared Swaps Customer Collateral itself as set forth in paragraph (b)(2) of this section, or deposit such collateral into one or more Cleared Swaps Customer Accounts held at a Permitted Depository, as set forth in paragraph (b)(3) of this section. (2) If a futures commission merchant holds Cleared Swaps Customer Collateral itself, then the futures commission merchant must: (i) Physically separate such collateral from its own property; (ii) Clearly identify each physical location in which it holds such collateral as a “Location of Cleared Swaps Customer Collateral” (the “FCM Physical Location”); (iii) Ensure that the FCM Physical Location provides appropriate protection for such collateral; and (iv) Record in its books and records the amount of such Cleared Swaps Customer Collateral separately from its own funds. (3) If a futures commission merchant holds Cleared Swaps Customer Collateral in a Permitted Depository, then: (i) The Permitted Depository must qualify pursuant to the requirements set forth in § 22.4 of this part, and (ii) The futures commission merchant must maintain a Cleared Swaps Customer Account with each such Permitted Depository. (c) Commingling. (1) A futures commission merchant may commingle the Cleared Swaps Customer Collateral that it receives from, for, or on behalf of multiple Cleared Swaps Customers. (2) A futures commission merchant shall not commingle Cleared Swaps Customer Collateral with either of the following: (i) Funds belonging to the futures commission merchant, except as expressly permitted in paragraph (e)(3) of this section; or (ii) Other categories of funds belonging to Futures C… | ||||||
| 17:17:1.0.1.1.21.0.7.3 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.3 Derivatives clearing organizations: Treatment of cleared swaps customer collateral. | CFTC | [77 FR 6371, Feb. 7, 2012, as amended at 77 FR 66334, Nov. 2, 2012; 90 FR 7873, Jan. 22, 2025] | (a) General. A derivatives clearing organization shall treat and deal with the Cleared Swaps Customer Collateral deposited by a futures commission merchant as belonging to the Cleared Swaps Customers of such futures commission merchant and not other persons, including, without limitation, the futures commission merchant. (b) Location of Cleared Swaps Customer Collateral. (1) The derivatives clearing organization must segregate all Cleared Swaps Customer Collateral that it receives from futures commission merchants, and must either hold such Cleared Swaps Customer Collateral itself as set forth in paragraph (b)(2) of this section, or deposit such collateral into one or more Cleared Swaps Customer Accounts held at a Permitted Depository, as set forth in paragraph (b)(3) of this section. (2) If a derivatives clearing organization holds Cleared Swaps Customer Collateral itself, then the derivatives clearing organization must: (i) Physically separate such collateral from its own property, the property of any futures commission merchant, and the property of any other person that is not a Cleared Swaps Customer of a futures commission merchant; (ii) Clearly identify each physical location in which it holds such collateral as “Location of Cleared Swaps Customer Collateral” (the “DCO Physical Location”); (iii) Ensure that the DCO Physical Location provides appropriate protection for such collateral; and (iv) Record in its books and records the amount of such Cleared Swaps Customer Collateral separately from its own funds, the funds of any futures commission merchant, and the funds of any other person that is not a Cleared Swaps Customer of a futures commission merchant. (3) If a derivatives clearing organization holds Cleared Swaps Customer Collateral in a Permitted Depository, then: (i) The Permitted Depository must qualify pursuant to the requirements set forth in § 22.4 of this part; and (ii) The derivatives clearing organization must maintain a Cleared Swaps Customer Account with each such Permitted Depos… | ||||||
| 17:17:1.0.1.1.21.0.7.4 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.4 Futures Commission Merchants and derivatives clearing organizations: Permitted Depositories. | CFTC | In order for a depository to be a Permitted Depository: (a) The depository must (subject to § 22.9) be one of the following types of entities: (1) A bank located in the United States; (2) A trust company located in the United States; (3) A Collecting Futures Commission Merchant registered with the Commission (but only with respect to a Depositing Futures Commission Merchant providing Cleared Swaps Customer Collateral); or (4) A derivatives clearing organization registered with the Commission; and (b) The futures commission merchant or the derivatives clearing organization must hold a written acknowledgment letter from the depository as required by § 22.5 of this part. | |||||||
| 17:17:1.0.1.1.21.0.7.5 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.5 Futures commission merchants and derivatives clearing organizations: Written acknowledgement. | CFTC | [77 FR 6371, Feb. 7, 2012, as amended at 77 FR 66334, Nov. 2, 2012] | (a) Before depositing Cleared Swaps Customer Collateral, the futures commission merchant or derivatives clearing organization shall obtain and retain in its files a separate written acknowledgement letter from each depository in accordance with §§ 1.20 and 1.26 of this chapter, with all references to “Futures Customer Funds” modified to apply to Cleared Swaps Customer Collateral, and with all references to section 4d(a) or 4d(b) of the Act and the regulations thereunder modified to apply to section 4d(f) of the Act and the regulations thereunder. (b) The futures commission merchant or derivatives clearing organization shall adhere to all requirements specified in §§ 1.20 and 1.26 of this chapter regarding retaining, permitting access to, filing, or amending the written acknowledgement letter, in all cases as if the Cleared Swaps Customer Collateral comprised Futures Customer Funds subject to segregation pursuant to section 4d(a) or 4d(b) of the Act and the regulations thereunder. (c) Notwithstanding paragraph (a) of this section, an acknowledgement letter need not be obtained from a derivatives clearing organization that has made effective, pursuant to section 5c(c) of the Act and the regulations thereunder, rules that provide for the segregation of Cleared Swaps Customer Collateral, in accordance with all relevant provisions of the Act and the regulations thereunder. | ||||||
| 17:17:1.0.1.1.21.0.7.6 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.6 Futures commission merchants and derivatives clearing organizations: Naming of Cleared Swaps Customer Accounts. | CFTC | The name of each Cleared Swaps Customer Account that a futures commission merchant or a derivatives clearing organization maintains with a Permitted Depository shall: (a) Clearly identify the account as a “Cleared Swaps Customer Account” and (b) Clearly indicate that the collateral therein is “Cleared Swaps Customer Collateral” subject to segregation in accordance with the Act and this part. | |||||||
| 17:17:1.0.1.1.21.0.7.7 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.7 Permitted depositories: Treatment of Cleared Swaps Customer Collateral. | CFTC | A Permitted Depository shall treat all funds in a Cleared Swaps Customer Account as Cleared Swaps Customer Collateral. A Permitted Depository shall not hold, dispose of, or use any such Cleared Swaps Customer Collateral as belonging to any person other than: (a) The Cleared Swaps Customers of the futures commission merchant maintaining such Cleared Swaps Customer Account or; (b) The Cleared Swaps Customers of the futures commission merchants for which the derivatives clearing organization maintains such Cleared Swaps Customer Account. | |||||||
| 17:17:1.0.1.1.21.0.7.8 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.8 Situs of Cleared Swaps Customer Accounts. | CFTC | The situs of each of the following shall be located in the United States: (a) Each FCM Physical Location or DCO Physical Location; (b) Each “account,” within the meaning of § 22.2(f)(1), that a futures commission merchant maintains for each Cleared Swaps Customer; and (c) Each Cleared Swaps Customer Account on the books and records of a derivatives clearing organization with respect to the Cleared Swaps Customers of a futures commission merchant. | |||||||
| 17:17:1.0.1.1.21.0.7.9 | 17 | Commodity and Securities Exchanges | I | 22 | PART 22—CLEARED SWAPS | § 22.9 Denomination of Cleared Swaps Customer Collateral and location of depositories. | CFTC | [77 FR 6371, Feb. 7, 2012, as amended at 77 FR 66334, Nov. 2, 2012] | (a) Subject to paragraph (b) of this section, futures commission merchants and derivatives clearing organizations may hold Cleared Swaps Customer Collateral in the denominations, at the locations and depositories, and subject to the segregation requirements specified in § 1.49 of this chapter. (b) Notwithstanding the requirements in § 1.49 of this chapter, a futures commission merchant's obligations to a Cleared Swaps Customer may be denominated in a currency in which funds have accrued to the Cleared Swaps Customer as a result of a Cleared Swap carried through such futures commission merchant, to the extent of such accruals. (c) Each depository referenced in paragraph (a) of this section shall be considered a Permitted Depository for purposes of this part. Provided, however, that a futures commission merchant shall only be considered a Permitted Depository to the extent that it is acting as a Collecting Futures Commission Merchant (as § 22.1 of this part defines such term). |
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CREATE TABLE cfr_sections (
section_id TEXT PRIMARY KEY,
title_number INTEGER,
title_name TEXT,
chapter TEXT,
subchapter TEXT,
part_number TEXT,
part_name TEXT,
subpart TEXT,
subpart_name TEXT,
section_number TEXT,
section_heading TEXT,
agency TEXT,
authority TEXT,
source_citation TEXT,
amendment_citations TEXT,
full_text TEXT
);
CREATE INDEX idx_cfr_title ON cfr_sections(title_number);
CREATE INDEX idx_cfr_part ON cfr_sections(part_number);
CREATE INDEX idx_cfr_agency ON cfr_sections(agency);