17 C.F.R. § 37.1305
Current through November 30, 2024
No less than each fiscal quarter, a swap execution facility shall compute the current market value of each financial resource used to meet its obligations under §§ 37.1301 and 37.1303 . Reductions in value to reflect market and credit risk ("haircuts") shall be applied as appropriate.
17 C.F.R. §37.1305