17 CFR 170.2

§ 170.2 Membership restrictions (section 17(b)(2) of the Act).

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

Cite this

Citation: 17 CFR 170.2, § 170.2 Membership restrictions (section 17(b)(2) of the Act), United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/67747
Permanent ID: ys:prov:67747@1
SHA-256: 02a62d019443f421a9665c2a030f3f91bbe317b36ecab5fe88edcba1446e11c8

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Full text

If it appears to the Commission to be necessary or appropriate in the public interest and to carry out the purposes of section 17 of the Act, a futures association may restrict its membership to individuals registered by the Commission in a particular capacity or to individuals doing business in a particular geographical region or to firms having a particular level of capital assets or which engage in a specified amount of business per year.

Legislative history

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