§38.350. Core Principle 6.
17 C.F.R. § 38.350
The board of trade, in consultation or cooperation with the Commission, shall adopt rules to provide for the exercise of emergency authority, as is necessary and appropriate, including the authority:
To liquidate or transfer open positions in any contract;
To suspend or curtail trading in any contract; and
To require market participants in any contract to meet special margin requirements.
Notes, amendments, and revision history
Source
Source: 77 FR 36700, June 19, 2012, unless otherwise noted.
Authority
Authority: 7 U.S.C. 1a, 2, 6, 6a, 6c, 6d, 6e, 6f, 6g, 6i, 6j, 6k, 6l, 6m, 6n, 7, 7a-2, 7b, 7b-1, 7b-3, 8, 9, 15, and 21, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, 124 Stat. 1376.
Source
Source: 66 FR 42277, Aug. 10, 2001, unless otherwise noted.