StacksVerified U.S. regulatory reference

17 CFR §242.827

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Unless necessary or appropriate to achieve the purposes of the Act, the security-based swap execution facility shall not:
  1. (a)Adopt any rules or take any actions that result in any unreasonable restraint of trade; or
  2. (b)Impose any material anticompetitive burden on trading or clearing.