17 CFR 22.4

§ 22.4 Futures Commission Merchants and derivatives clearing organizations: Permitted Depositories.

United States · 17 CFR — Commodity and Securities Exchanges · Status: effective

Cite this

Citation: 17 CFR 22.4, § 22.4 Futures Commission Merchants and derivatives clearing organizations: Permitted Depositories, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/66841
Permanent ID: ys:prov:66841@1
SHA-256: 35621622c560ee612d153895ebf83d4666a28fa3f5fe9ce4d302335ab18bc102

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Full text

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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.