(a)Scope. The provisions of this part apply to any board of trade operating as or applying to become registered as a derivatives transaction execution facility under Sections 5a and 6 of the Act.
(b)Definition. As used in this part, the term “eligible commercial entity” means, and shall include, in addition to a party or entity so defined in section 1a(11) of the Act, a registered floor trader or floor broker trading for its own account, whose trading obligations are guaranteed by a registered futures commission merchant.
[66 FR 42271, Aug. 10, 2001, as amended at 71 FR 1962, Jan. 12, 2006]
Title 17 published on 2012-04-01
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