17 CFR 403.3 - Use of customers' free credit balances.

Regulations last checked for updates: Apr 24, 2024

Title 17 - Commodity and Securities Exchanges last revised: Apr 19, 2024

View all text of Part 403 [§ 403.1 - § 403.7]

§ 403.3 - Use of customers' free credit balances.

Every registered government securities broker or dealer shall comply with the requirement of § 240.15c3-2 of this title concerning the use of customer free credit balances. For purposes of this section, all references to “broker or dealer” in § 240.15c3-2 shall include government securities brokers and dealers.

authority: Sec. 101, Pub. L. 99-571, 100 Stat. 3209; sec. 4(b), Pub. L. 101-432, 104 Stat. 963; sec. 102, sec. 106, Pub. L. 103-202, 107 Stat. 2344 (15 U.S.C. 78o-5(a)(5), (b)(1)(A), (b)(4))

source: 52 FR 27947, July 24, 1987, unless otherwise noted.

cite as: 17 CFR 403.3