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Discover LudwigExact(57)
The derivatives clearing organization need not be organized as a membership organization.
includes the rules of a clearing organization.
(iii Swaps cleared by a derivatives clearing organization.
The term "member" means a member of or participant in a clearing organization, and includes the clearing organization and any other clearing organization with which such clearing organization has a netting contract.
(2) A clearing member of a derivatives clearing organization with respect to Cleared Swaps cleared on that derivatives clearing organization.
L. 109 8, § 906(a)(3), inserted before period at end "and any other clearing organization with which such clearing organization has a netting contract".
(ii) A futures commission merchant or derivatives clearing organization may invest customer funds in a fund affiliated with that futures commission merchant or derivatives clearing organization.
The customer of the clearing organization is a member with a proprietary or customers' account.
Similar(3)
Mrs. McCain sought out the same mine-clearing organization that the princess supported, joining its board and traveling to minefields, just as her role model had.
Russia's domestic intelligence agency accused a British-based mine-clearing organization, Halo Trust, of providing military training and assistance to rebel forces.
(2) read as follows: " 'clearing organization' means organization that clears commodity contracts made on, or subject to the rules of, a contract market or board of trade;".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com