17 CFR 38.350
§ 38.350 Core Principle 6.
United States · 17 CFR — Commodity and Securities Exchanges · Status: effective
Cite this
- Citation
- 17 CFR 38.350, § 38.350 Core Principle 6, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/67146
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Full text
The board of trade, in consultation or cooperation with the Commission, shall adopt rules to provide for the exercise of emergency authority, as is necessary and appropriate, including the authority:
(a) To liquidate or transfer open positions in any contract;
(b) To suspend or curtail trading in any contract; and
(c) To require market participants in any contract to meet special margin requirements.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.