National bank

National bank means:
(1) A national bank;
(2) A Federal branch or agency of a foreign bank, each as defined in 12 U.S.C. 3101; and
(3) An operating subsidiary of a national bank or an operating subsidiary of a Federal branch or agency of a foreign bank.


12 CFR § 48.2

Scoping language

In addition to the definitions in this section, for purposes of this part, the following terms have the same meaning as in the Commodity Exchange Act: Affiliated person of a futures commission merchant; associated person; contract of sale; commodity; eligible contract participant; futures commission merchant; future delivery; option; security; and security futures product.

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