Broker

Broker has the same meaning as in section 3(a)(4) of the Securities Exchange Act of 1934 (15 U.S.C. 78c(a)(4)). A broker does not include a broker registered by notice with the Commission under section 15(b)(11) of the Securities Exchange Act of 1934 (15 U.S.C. 78o(b)(11)).

Source

17 CFR § 248.120

---

Scoping language

As used in this subpart, unless the context requires otherwise:

---

Is this correct? or