Title 17

SECTION 37.800

37.800 Core Principle 8 - Emergency authority.

§ 37.800 Core Principle 8 - Emergency authority.

The swap execution facility shall adopt rules to provide for the exercise of emergency authority, in consultation or cooperation with the Commission, as is necessary and appropriate, including the authority to liquidate or transfer open positions in any swap or to suspend or curtail trading in a swap.

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