17 CFR 31.27

§ 31.27 Registered futures association membership.

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

Cite this

Citation: 17 CFR 31.27, § 31.27 Registered futures association membership, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/66989
Permanent ID: ys:prov:66989@1
SHA-256: ea9adc0b67b02f133d1e209f51e718bd4d32f2576e1e19ca2ab88ed2c6ae8975

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

Each person registered or required to register as a leverage transaction merchant must become and remain a member of at least one futures association which is registered under section 17 of the Act and which provides for the membership therein of such leverage transaction merchant, unless no such futures association is so registered.

Legislative history

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