17 CFR 38.100
§ 38.100 Core Principle 1.
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 38.100, § 38.100 Core Principle 1, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/67116
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Full text
(a) In general. To be designated, and maintain a designation, as a contract market, a board of trade shall comply with:
(1) Any core principle described in section 5(d) of the Act, and
(2) Any requirement that the Commission may impose by rule or regulation pursuant to section 8a(5) of the Act.
(b) Reasonable discretion of the contract market. Unless otherwise determined by the Commission by rule or regulation, a board of trade described in paragraph (a) of this section shall have reasonable discretion in establishing the manner in which the board of trade complies with the core principles described in this subsection.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.