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17 CFR 37.800

§ 37.800 Core Principle 8—Emergency authority.

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

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17 CFR 37.800, § 37.800 Core Principle 8—Emergency authority, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/67071
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Full text

The swap execution facility shall adopt rules to provide for the exercise of emergency authority, in consultation or cooperation with the Commission, as is necessary and appropriate, including the authority to liquidate or transfer open positions in any swap or to suspend or curtail trading in a swap.

Legislative history

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