---
kind: "section"
citation: "31 C.F.R. § 356.16"
title: "31"
number: "356.16"
heading: "Do I have to make any certifications?"
url: "https://uscodex.org/cfr/31/356.16"
---

# §356.16. Do I have to make any certifications?

- (a) **Submitters.** If you submit bids or other information in an auction, we deem you to have certified that:
  - (1) You are in compliance with this part and the auction announcement;
  - (2) The information provided with regard to any bids for your own account is accurate and complete; and
  - (3) The information provided with regard to any bids for customers accurately and completely reflects information provided by your customers or intermediaries.
- (b) **Intermediaries.** If you forward bids in an auction, we deem you to have certified that:
  - (1) You are in compliance with this part and the applicable auction announcement; and
  - (2) That the information you provided to a submitter or other intermediary with regard to bids for customers accurately and completely reflects information provided by those customers or intermediaries.
- (c) **Customers.** By bidding for a security as a customer we deem you to have certified that:
  - (1) You are in compliance with this part and the auction announcement and;
  - (2) The information you provided to the submitter or intermediary in connection with the bid is accurate and complete.

## Notes

### Amendments

[69 FR 45202, July 28, 2004, as amended at 72 FR 14938, Mar. 20, 2008]

### Authority

Authority: 5 U.S.C. 301; 31 U.S.C. 3102, et seq.; 12 U.S.C. 391.

### Source

Source: 69 FR 45202, July 28, 2004, unless otherwise noted.

### Amendments

[69 FR 45202, July 28, 2004, as amended at 72 FR 14938, Mar. 20, 2008]