Requirements / 7ea9df85c9f86ff4
This is a normalized obligation summary extracted deterministically from regulatory text. The structured fields below are parsed from the source—not AI-generated summaries.
Prohibited FINAL

Obligation Structure

Actor
organization
Modality
Prohibited
Duty
ensure that their customers do not withdraw funds
Conditions
unless the net liquidating value plus the margin deposits remaining in a customer's account after such withdrawal are sufficient to meet the customer initial margin requirements with respect to all products and swap portfolios held in such customer's account which are cleared by the derivatives clearing organization

Source Text

A derivatives clearing organization shall require its clearing members to ensure that their customers do not withdraw funds from their accounts with such clearing members unless the net liquidating value plus the margin deposits remaining in a customer's account after such withdrawal are sufficient to meet the customer initial margin requirements with respect to all products and swap portfolios held in such customer's account which are cleared by the derivatives clearing organization, except as provided for in § 1.44 of this chapter.
Source Document: 2024-31177
Agency: Commodity Futures Trading Commission
CFR Parts: 17 CFR 1, 17 CFR 22, 17 CFR 30, 17 CFR 39
Requirement Type: other

Lifecycle History

2/10/2026 ADDED — → FINAL 2024-31177

Subscribe to Updates

RSS Feed for this Obligation

Get notified when this obligation is modified in proposed, final, or codified rules.

Stable ID: 7ea9df85c9f86ff4