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§37.1302. Types of financial resources.

17 C.F.R. § 37.1302

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.
Notes, amendments, and revision history

Source

Source: 86 FR 9247, Feb. 11, 2021, unless otherwise noted.

Authority

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

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