[Code of Federal Regulations]

[Title 31, Volume 3]

[Revised as of July 1, 2005]

From the U.S. Government Printing Office via GPO Access

[CITE: 31CFR560.321]



[Page 303]

 

                  TITLE 31--MONEY AND FINANCE: TREASURY

 

 CHAPTER V--OFFICE OF FOREIGN ASSETS CONTROL, DEPARTMENT OF THE TREASURY

 

PART 560_IRANIAN TRANSACTIONS REGULATIONS--Table of Contents

 

                      Subpart C_General Definitions

 

Sec. 560.321  United States registered broker or dealer in securities.



    The term United States registered broker or dealer in securities 

means any U.S. citizen, permanent resident alien, or entity organized 

under the laws of the United States or of any jurisdiction within the 

United States, including its foreign branches, or any agency, office or 

branch of a foreign entity located in the United States, that:

    (a) Is a ``broker'' or ``dealer'' in securities within the meanings 

set forth in the Securities Exchange Act of 1934;

    (b) Holds or clears customer accounts; and

    (c) Is registered with the Securities and Exchange Commission under 

the Securities Exchange Act of 1934.



[70 FR 15584, Mar. 28, 2005]



[[Page 304]]