---
kind: "section"
citation: "17 C.F.R. § 38.650"
title: "17"
number: "38.650"
heading: "Core Principle 12."
url: "https://uscodex.org/cfr/17/38.650"
---

# §38.650. Core Principle 12.


The board of trade shall establish and enforce rules:

- (a) To protect markets and market participants from abusive practices committed by any party, including abusive practices committed by a party acting as an agent for a participant; and
- (b) **To promote fair and equitable trading on the contract market.**

## Notes

### 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.