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TITLE 17 - COMMODITY AND SECURITIES EXCHANGES
CHAPTER II - SECURITIES AND EXCHANGE COMMISSION
PART 240 - GENERAL RULES AND REGULATIONS, SECURITIES EXCHANGE ACT OF 1934
subpart a - RULES AND REGULATIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934
240.3b - 14 - Definition of cash management securities activities.
The term cash management securities activities means securities activities that are limited to transactions involving: (a) Any taking possession of, and any subsequent sale or disposition of, collateral provided by a counterparty, or any acquisition of, and any subsequent sale or disposition of, collateral to be provided to a counterparty, in connection with any securities activities of the dealer permitted under 240.15a1 or any non-securities activities of the dealer that involve eligible OTC derivative instruments or other financial instruments; (b) Cash management, in connection with any securities activities of the dealer permitted under 240.15a1 or any non-securities activities of the dealer that involve eligible OTC derivative instruments or other financial instruments; or (c) Financing of positions of the dealer acquired in connection with any securities activities of the dealer permitted under 240.15a1 or any non-securities activities that involve eligible OTC derivative instruments or other financial instruments.
[63 FR 59395, Nov. 3, 1998]
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