Discretionary account

Discretionary account means a commodity futures or commodity option trading account for which buying or selling orders can be placed or originated, or for which transactions can be effected, under a general authorization and without the specific consent of the customer, whether the general authorization for such orders or transactions is pursuant to a written agreement, power of attorney, or otherwise.

Source

17 CFR § 15.00

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Scoping language

As used in parts 15 to 19, and 21 of this chapter:

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