Regulations last checked for updates: Jun 03, 2025

Title 17 - Commodity and Securities Exchanges last revised: Apr 22, 2025
§ 170.5 - Prevention of fraudulent and manipulative practices (section 17(b)(7) of the Act).

A futures association must establish and maintain a program for the protection of customers and option customers, including the adoption of rules to protect customers and option customers and customer funds and to promote fair dealing with the public. These rules shall set forth the ethical standards for members of the association in their business dealings with the public. An applicant association must also demonstrate its capability to foster a professional atmosphere among its members, including an acceptance of an adherence to the ethical standards, and to monitor and enforce compliance with the customer and option customer protection program and rules.

(Secs. 2(a)(1), 4c(a)-(d), 4d, 4f, 4g, 4k, 4m, 4n, 8a, 15 and 17, Commodity Exchange Act (7 U.S.C. 2,4,6c,6d,6f,6g,6k,6m,6n,12a,19; 5 U.S.C. 552 and 552b)) [47 FR 57020, Dec. 22, 1982]
authority: 7 U.S.C. 6d,6m,6p,6s,12a,and
source: 44 FR 20651, Apr. 6, 1979, unless otherwise noted.
cite as: 17 CFR 170.5