Registered broker or dealer

Registered broker or dealer means a broker or dealer registered pursuant to section 15 or section 15B of the Act (15 U.S.C. 78o, 78o-4)) but does not include a municipal securities dealer that is a bank or a separately identifiable department or division of a bank;


17 CFR § 400.3

Scoping language

Unless otherwise explicitly provided, in this subchapter and for the purposes of these regulations:

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