17 CFR 1.28
§ 1.28 Appraisal of instruments purchased with customer funds.
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 1.28, § 1.28 Appraisal of instruments purchased with customer funds, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/66396
- Permanent ID
ys:prov:66396@1- SHA-256
17c38243c421cb0c38a5a7acfc7584e93b3a19098212ccb47cd237d5e6abe5ff
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Full text
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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.