[Code of Federal Regulations]
[Title 17, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR1.22]

[Page 62-63]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER I--COMMODITY FUTURES TRADING COMMISSION
 
PART 1--GENERAL REGULATIONS UNDER THE COMMODITY EXCHANGE ACT--Table of Contents
 
Sec. 1.22  Use of customer funds restricted.

    No futures commission merchant shall use, or permit the use of, the 
customer funds of one commodity and/or option customer to purchase, 
margin, or settle the trades, contracts, or commodity options of, or to 
secure or extend the credit of, any person other than such customer or 
option customer. Customer funds shall not be

[[Page 63]]

used to carry trades or positions of the same commodity and/or option 
customer other than in commodities or commodity options traded throught 
the facilities of a contract market.

[47 FR 57007, Dec. 22, 1982]