17 CFR 275.222-2 - Definition of “client” for purposes of the national de minimis standard.

Regulations last checked for updates: May 20, 2024

Title 17 - Commodity and Securities Exchanges last revised: May 01, 2024

View all text of Part 275 [§ 275.0-2 - § 275.222-2]

§ 275.222-2 - Definition of “client” for purposes of the national de minimis standard.

For purposes of section 222(d)(2) of the Act (15 U.S.C. 80b-18a(d)(2)), an investment adviser may rely upon the definition of “client” provided by § 275.202(a)(30)-1, without giving regard to paragraph (b)(4) of that section.

[76 FR 43014, July 19, 2011]

authority: 15 U.S.C. 80b-2(a)(11)(G), 80b-2(a)(11)(H), 80b-2(a)(17), 80b-3, 80b-4, 80b-4a, 80b-6(4), 80b-6a, and 80b-11, unless otherwise noted

cite as: 17 CFR 275.222-2