17 CFR 23.150
§ 23.150 Scope.
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 23.150, § 23.150 Scope, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/66872
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Full text
(a) The margin requirements set forth in §§ 23.150 through 23.161 shall apply to uncleared swaps, as defined in § 23.151, that are executed after the applicable compliance dates set forth in § 23.161.
(b) The requirements set forth in §§ 23.150 through 23.161 shall not apply to a swap if the counterparty:
(1) Qualifies for an exception from clearing under section 2(h)(7)(A) of the Act and implementing regulations;
(2) Qualifies for an exemption from clearing under a rule, regulation, or order issued by the Commission pursuant to section 4(c)(1) of the Act concerning cooperative entities that would otherwise be subject to the requirements of section 2(h)(1)(A) of the Act; or
(3) Satisfies the criteria in section 2(h)(7)(D) of the Act and implementing regulations.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.