17 C.F.R. § 260.11b-4
Current through October 31, 2024
The term "cash transaction", as used in section 311(b)(4), means any transaction in which full payment for goods or securities sold is made within 7 days after delivery of the goods or securities in currency or in checks or other orders drawn upon banks or bankers and payable upon demand.
17 C.F.R. §260.11b-4