Title 17

PART 38

Part 38 - Designated Contract Markets

PART 38 - DESIGNATED CONTRACT MARKETS Authority:7 U.S.C. 1a, 2, 6, 6a, 6c, 6d, 6e, 6f, 6g, 6i, 6j, 6k, 6l, 6m, 6n, 7, 7a-2, 7b, 7b-1, 7b-3, 8, 9, 15, and 21, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, 124 Stat. 1376. Source:66 FR 42277, Aug. 10, 2001, unless otherwise noted.

• Authority: 7 U.S.C. 1a, 2, 6, 6a, 6c, 6d, 6e, 6f, 6g, 6i, 6j, 6k, 6l, 6m, 6n, 7, 7a-2, 7b, 7b-1, 7b-3, 8, 9, 15, and 21, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, 124 Stat. 1376.
• Source: 66 FR 42277, Aug. 10, 2001, unless otherwise noted.

17:1.0.1.1.31.1	SUBPART A	Subpart A - General Provisions
17:1.0.1.1.31.1.7.1	SECTION 38.1	38.1 Scope.
17:1.0.1.1.31.1.7.2	SECTION 38.2	38.2 Exempt provisions.
17:1.0.1.1.31.1.7.3	SECTION 38.3	38.3 Procedures for designation.
17:1.0.1.1.31.1.7.4	SECTION 38.4	38.4 Procedures for listing products and implementing contract market rules.
17:1.0.1.1.31.1.7.5	SECTION 38.5	38.5 Information relating to contract market compliance.
17:1.0.1.1.31.1.7.6	SECTION 38.6	38.6 Enforceability.
17:1.0.1.1.31.1.7.7	SECTION 38.7	38.7 Prohibited use of data collected for regulatory purposes.
17:1.0.1.1.31.1.7.8	SECTION 38.8	38.8 Listing of swaps on a designated contract market.
17:1.0.1.1.31.1.7.9	SECTION 38.9	38.9 Boards of trade operating both a designated contract market and a swap execution facility.
17:1.0.1.1.31.1.7.10	SECTION 38.10	38.10 Reporting of swaps traded on a designated contract market.
17:1.0.1.1.31.1.7.11	SECTION 38.11	38.11 Trade execution compliance schedule.
17:1.0.1.1.31.1.7.12	SECTION 38.12	38.12 Process for a designated contract market to make a swap available to trade.
17:1.0.1.1.31.2	SUBPART B	Subpart B - Designation as Contract Market
17:1.0.1.1.31.2.7.1	SECTION 38.100	38.100 Core Principle 1.
17:1.0.1.1.31.3	SUBPART C	Subpart C - Compliance With Rules
17:1.0.1.1.31.3.7.1	SECTION 38.150	38.150 Core Principle 2.
17:1.0.1.1.31.3.7.2	SECTION 38.151	38.151 Access requirements.
17:1.0.1.1.31.3.7.3	SECTION 38.152	38.152 Abusive trading practices prohibited.
17:1.0.1.1.31.3.7.4	SECTION 38.153	38.153 Capacity to detect and investigate rule violations.
17:1.0.1.1.31.3.7.5	SECTION 38.154	38.154 Regulatory services provided by a third party.
17:1.0.1.1.31.3.7.6	SECTION 38.155	38.155 Compliance staff and resources.
17:1.0.1.1.31.3.7.7	SECTION 38.156	38.156 Automated trade surveillance system.
17:1.0.1.1.31.3.7.8	SECTION 38.157	38.157 Real-time market monitoring.
17:1.0.1.1.31.3.7.9	SECTION 38.158	38.158 Investigations and investigation reports.
17:1.0.1.1.31.3.7.10	SECTION 38.159	38.159 Ability to obtain information.
17:1.0.1.1.31.3.7.11	SECTION 38.160	38.160 Additional sources for compliance.
17:1.0.1.1.31.4	SUBPART D	Subpart D - Contracts Not Readily Subject to Manipulation
17:1.0.1.1.31.4.7.1	SECTION 38.200	38.200 Core Principle 3.
17:1.0.1.1.31.4.7.2	SECTION 38.201	38.201 Additional sources for compliance.
17:1.0.1.1.31.5	SUBPART E	Subpart E - Prevention of Market Disruption
17:1.0.1.1.31.5.7.1	SECTION 38.250	38.250 Core Principle 4.
17:1.0.1.1.31.5.7.2	SECTION 38.251	38.251 General requirements.
17:1.0.1.1.31.5.7.3	SECTION 38.252	38.252 Additional requirements for physical-delivery contracts.
17:1.0.1.1.31.5.7.4	SECTION 38.253	38.253 Additional requirements for cash-settled contracts.
17:1.0.1.1.31.5.7.5	SECTION 38.254	38.254 Ability to obtain information.
17:1.0.1.1.31.5.7.6	SECTION 38.255	38.255 Risk controls for trading.
17:1.0.1.1.31.5.7.7	SECTION 38.256	38.256 Trade reconstruction.
17:1.0.1.1.31.5.7.8	SECTION 38.257	38.257 Regulatory service provider.
17:1.0.1.1.31.5.7.9	SECTION 38.258	38.258 Additional sources for compliance.
17:1.0.1.1.31.6	SUBPART F	Subpart F - Position Limitations or Accountability
17:1.0.1.1.31.6.7.1	SECTION 38.300	38.300 Core Principle 5.
17:1.0.1.1.31.6.7.2	SECTION 38.301	38.301 Position limitations and accountability.
17:1.0.1.1.31.7	SUBPART G	Subpart G - Emergency Authority
17:1.0.1.1.31.7.7.1	SECTION 38.350	38.350 Core Principle 6.
17:1.0.1.1.31.7.7.2	SECTION 38.351	38.351 Additional sources for compliance.
17:1.0.1.1.31.8	SUBPART H	Subpart H - Availability of General Information
17:1.0.1.1.31.8.7.1	SECTION 38.400	38.400 Core Principle 7.
17:1.0.1.1.31.8.7.2	SECTION 38.401	38.401 General requirements.
17:1.0.1.1.31.9	SUBPART I	Subpart I - Daily Publication of Trading Information
17:1.0.1.1.31.9.7.1	SECTION 38.450	38.450 Core Principle 8.
17:1.0.1.1.31.9.7.2	SECTION 38.451	38.451 Reporting of trade information.
17:1.0.1.1.31.10	SUBPART J	Subpart J - Execution of Transactions
17:1.0.1.1.31.10.7.1	SECTION 38.500	38.500 Core Principle 9.
17:1.0.1.1.31.11	SUBPART K	Subpart K - Trade Information
17:1.0.1.1.31.11.7.1	SECTION 38.550	38.550 Core Principle 10.
17:1.0.1.1.31.11.7.2	SECTION 38.551	38.551 Audit trail required.
17:1.0.1.1.31.11.7.3	SECTION 38.552	38.552 Elements of an acceptable audit trail program.
17:1.0.1.1.31.11.7.4	SECTION 38.553	38.553 Enforcement of audit trail requirements.
17:1.0.1.1.31.12	SUBPART L	Subpart L - Financial Integrity of Transactions
17:1.0.1.1.31.12.7.1	SECTION 38.600	38.600 Core Principle 11.
17:1.0.1.1.31.12.7.2	SECTION 38.601	38.601 Mandatory clearing.
17:1.0.1.1.31.12.7.3	SECTION 38.602	38.602 General financial integrity.
17:1.0.1.1.31.12.7.4	SECTION 38.603	38.603 Protection of customer funds.
17:1.0.1.1.31.12.7.5	SECTION 38.604	38.604 Financial surveillance.
17:1.0.1.1.31.12.7.6	SECTION 38.605	38.605 Requirements for financial surveillance program.
17:1.0.1.1.31.12.7.7	SECTION 38.606	38.606 Financial regulatory services provided by a third party.
17:1.0.1.1.31.12.7.8	SECTION 38.607	38.607 Direct access.
17:1.0.1.1.31.13	SUBPART M	Subpart M - Protection of Markets and Market Participants
17:1.0.1.1.31.13.7.1	SECTION 38.650	38.650 Core Principle 12.
17:1.0.1.1.31.13.7.2	SECTION 38.651	38.651 Protection of markets and market participants.
17:1.0.1.1.31.14	SUBPART N	Subpart N - Disciplinary Procedures
17:1.0.1.1.31.14.7.1	SECTION 38.700	38.700 Core Principle 13.
17:1.0.1.1.31.14.7.2	SECTION 38.701	38.701 Enforcement staff.
17:1.0.1.1.31.14.7.3	SECTION 38.702	38.702 Disciplinary panels.
17:1.0.1.1.31.14.7.4	SECTION 38.703	38.703 Notice of charges.
17:1.0.1.1.31.14.7.5	SECTION 38.704	38.704 Right to representation.
17:1.0.1.1.31.14.7.6	SECTION 38.705	38.705 Answer to charges.
17:1.0.1.1.31.14.7.7	SECTION 38.706	38.706 Denial of charges and right to hearing.
17:1.0.1.1.31.14.7.8	SECTION 38.707	38.707 Hearings.
17:1.0.1.1.31.14.7.9	SECTION 38.708	38.708 Decisions.
17:1.0.1.1.31.14.7.10	SECTION 38.709	38.709 Final decisions.
17:1.0.1.1.31.14.7.11	SECTION 38.710	38.710 Disciplinary sanctions.
17:1.0.1.1.31.14.7.12	SECTION 38.711	38.711 Warning letters.
17:1.0.1.1.31.14.7.13	SECTION 38.712	38.712 Additional sources for compliance.
17:1.0.1.1.31.15	SUBPART O	Subpart O - Dispute Resolution
17:1.0.1.1.31.15.7.1	SECTION 38.750	38.750 Core Principle 14.
17:1.0.1.1.31.15.7.2	SECTION 38.751	38.751 Additional sources for compliance.
17:1.0.1.1.31.16	SUBPART P	Subpart P - Governance Fitness Standards
17:1.0.1.1.31.16.7.1	SECTION 38.800	38.800 Core Principle 15.
17:1.0.1.1.31.16.7.2	SECTION 38.801	38.801 Additional sources for compliance.
17:1.0.1.1.31.17	SUBPART Q	Subpart Q - Conflicts of Interest
17:1.0.1.1.31.17.7.1	SECTION 38.850	38.850 Core Principle 16.
17:1.0.1.1.31.17.7.2	SECTION 38.851	38.851 Additional sources for compliance.
17:1.0.1.1.31.18	SUBPART R	Subpart R - Composition of Governing Boards of Contract Markets
17:1.0.1.1.31.18.7.1	SECTION 38.900	38.900 Core Principle 17.
17:1.0.1.1.31.19	SUBPART S	Subpart S - Recordkeeping
17:1.0.1.1.31.19.7.1	SECTION 38.950	38.950 Core Principle 18.
17:1.0.1.1.31.19.7.2	SECTION 38.951	38.951 Additional sources for compliance.
17:1.0.1.1.31.20	SUBPART T	Subpart T - Antitrust Considerations
17:1.0.1.1.31.20.7.1	SECTION 38.1000	38.1000 Core Principle 19.
17:1.0.1.1.31.20.7.2	SECTION 38.1001	38.1001 Additional sources for compliance.
17:1.0.1.1.31.21	SUBPART U	Subpart U - System Safeguards
17:1.0.1.1.31.21.7.1	SECTION 38.1050	38.1050 Core Principle 20.
17:1.0.1.1.31.21.7.2	SECTION 38.1051	38.1051 General requirements.
17:1.0.1.1.31.22	SUBPART V	Subpart V - Financial Resources
17:1.0.1.1.31.22.7.1	SECTION 38.1100	38.1100 Core Principle 21.
17:1.0.1.1.31.22.7.2	SECTION 38.1101	38.1101 General requirements.
17:1.0.1.1.31.23	SUBPART W	Subpart W - Diversity of Board of Directors
17:1.0.1.1.31.23.7.1	SECTION 38.1150	38.1150 Core Principle 22.
17:1.0.1.1.31.24	SUBPART X	Subpart X - Securities and Exchange Commission
17:1.0.1.1.31.24.7.1	SECTION 38.1200	38.1200 Core Principle 23.
17:1.0.1.1.31.24.7.2	SECTION 38.1201	38.1201 Additional sources for compliance.
17:1.0.1.1.31.25	SUBPART 0
17:1.0.1.1.31.26.7.1.31	APPENDIX Appendix A	Appendix A to Part 38 - Form DCM
17:1.0.1.1.31.26.7.1.32	APPENDIX Appendix B	Appendix B to Part 38 - Guidance on, and Acceptable Practices in, Compliance With Core Principles
17:1.0.1.1.31.26.7.1.33	APPENDIX Appendix C	Appendix C to Part 38 - Demonstration of Compliance That a Contract Is Not Readily Susceptible to Manipulation

---