17 CFR 275.222-2

§ 275.222-2 Definition of “client” for purposes of the national de minimis standard.

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

Cite this

Citation: 17 CFR 275.222-2, § 275.222-2 Definition of “client” for purposes of the national de minimis standard, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/70180
Permanent ID: ys:prov:70180@1
SHA-256: 18a285f6346f9f53a7f5da9a6f77aa1e8df42aa77dfdb72d842034ecd4371303

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Full text

For purposes of section 222(d)(2) of the Act (15 U.S.C. 80b-18a(d)(2)), an investment adviser may rely upon the definition of “client” provided by § 275.202(a)(30)-1, without giving regard to paragraph (b)(4) of that section.

Legislative history

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