31 CFR § 589.512
Certain transactions related to derivatives prohibited by § 589.202, § 589.203, or § 589.204
July 31, 2023
§ 589.512 Certain transactions related to derivatives prohibited by § 589.202, § 589.203, or § 589.204.
(a) All transactions by U.S. persons, wherever located, and transactions within the United States involving derivative products whose value is linked to an underlying asset that constitutes prohibited debt issued by a person subject to § 589.202, § 589.203, or § 589.204, or prohibited equity issued by a person subject to § 589.202, are authorized.
(b) This section does not authorize the holding, purchasing, or selling of underlying assets otherwise prohibited by § 589.202, § 589.203, or § 589.204 by U.S. persons, wherever are located, or within the United States.