Regulations last checked for updates: May 16, 2024

Title 17 - Commodity and Securities Exchanges last revised: May 01, 2024
§ 242.812 - Enforceability.

(a) A transaction entered into on or pursuant to the rules of a security-based swap execution facility shall not be void, voidable, subject to rescission, otherwise invalidated, or rendered unenforceable as a result of a violation by the security-based swap execution facility of the provisions of section 3D of the Act or the Commission's rules thereunder.

(b) A security-based swap execution facility shall, as soon as technologically practicable after the time of execution of a transaction entered into on or pursuant to the rules of the facility, provide a written record to each counterparty of all of the terms of the transaction that were agreed to on the facility, which shall legally supersede any previous agreement regarding such terms.

source: 62 FR 544, Jan. 3, 1997, unless otherwise noted.
cite as: 17 CFR 242.812