---
kind: "section"
citation: "17 C.F.R. § 242.827"
title: "17"
number: "242.827"
heading: "Core Principle 10—Antitrust considerations."
url: "https://uscodex.org/cfr/17/242.827"
---

# §242.827. Core Principle 10—Antitrust considerations.


Unless necessary or appropriate to achieve the purposes of the Act, the security-based swap execution facility shall not:

- (a) Adopt any rules or take any actions that result in any unreasonable restraint of trade; or
- (b) **Impose any material anticompetitive burden on trading or clearing.**

## Notes

### Source

Source: 88 FR 87285, Dec. 15, 2023, unless otherwise noted.

### Authority

Authority: 15 U.S.C. 77g, 77q(a), 77s(a), 78b, 78c, 78c-4, 78g(c)(2), 78i(a), 78j, 78k-1(c), 78 l, 78m, 78n, 78 o (b), 78 o (c), 78 o (g), 78q(a), 78q(b), 78q(h), 78w(a), 78dd-1, 78mm, 80a-23, 80a-29, 80a-37, and 8343.

### Source

Source: 62 FR 544, Jan. 3, 1997, unless otherwise noted.