StacksVerified U.S. regulatory reference

17 CFR §37.1300

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
  1. (a)In general. The swap execution facility shall have adequate financial, operational, and managerial resources to discharge each responsibility of the swap execution facility.
  2. (b)Determination of resource adequacy. The financial resources of a swap execution facility shall be considered to be adequate if the value of the financial resources exceeds the total amount that would enable the swap execution facility to cover the operating costs of the swap execution facility for a one-year period, as calculated on a rolling basis.