Regulacje i polityka gospodarcza · 23/09/2002

Rule 15c3-3 Reserve Requirements for Margin Related to Security Futures Products

The Commission is proposing for comment amendments to the formula for determination of customer reserve requirements of broker- dealers under the Securities Exchange Act of 1934 in response to the anticipated trading of security futures products. The proposed amendments would permit a broker-dealer to include margin related to security futures products written, purchased or sold in customer securities accounts required and on deposit with a registered clearing agency or a derivatives clearing organization as a debit item in calculating its customer reserve requirement.