17 CFR 22.7
§ 22.7 Permitted depositories: Treatment of Cleared Swaps Customer Collateral.
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 22.7, § 22.7 Permitted depositories: Treatment of Cleared Swaps Customer Collateral, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/66844
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Full text
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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.