1. Regulations
  2. title 17
  3. chapter I
  4. part 37
  5. subpart N
  6. § 37.1302

View all text of Subpart N [§ 37.1300 - § 37.1307]

§ 37.1302 - Types of financial resources.

Financial resources available to satisfy the requirements of § 37.1301 may include:

(a) The swap execution facility's own capital, meaning its assets minus its liabilities calculated in accordance with generally accepted accounting principles in the United States; and

(b) Any other financial resource deemed acceptable by the Commission.

AUTHORITY: 7 U.S.C. 1a, 2, 5, 6, 6c, 7, 7a-2, 7b-3, and 12a, as amended by Titles VII and VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, 124 Stat. 1376.

SOURCE: 78 FR 33582, June 4, 2013, unless otherwise noted.

CITE AS: 17 CFR 37.1302