---
kind: "section"
citation: "17 C.F.R. § 37.405"
title: "17"
number: "37.405"
heading: "Risk controls for trading."
url: "https://uscodex.org/cfr/17/37.405"
---

# §37.405. Risk controls for trading.


The swap execution facility shall establish and maintain risk control mechanisms to prevent and reduce the potential risk of market disruptions, including, but not limited to, market restrictions that pause or halt trading under market conditions prescribed by the swap execution facility.


## Notes

### 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.