17 C.F.R. § 242.809

Current through October 31, 2024
Section 242.809 - Staying of certification and tolling of review period pending jurisdictional determination
(a) A product certification made by a security-based swap execution facility pursuant to § 242.804 shall be stayed, or the review period for a product that has been submitted for Commission approval by a security-based swap execution facility pursuant to § 242.805 shall be tolled, upon request for a joint interpretation of whether the product is a swap, security-based swap, or mixed swap made pursuant to § 240.3a 68-2 of this chapter by the security-based swap execution facility, the Commission, or the Commodity Futures Trading Commission.
(b) The Commission shall provide the security-based swap execution facility with a written notice of the stay or tolling pending issuance of a joint interpretation.
(c) The stay shall be withdrawn, or the approval review period shall resume, if a joint interpretation finding that the Commission has jurisdiction over the product is issued.

17 C.F.R. §242.809

88 FR 87285 , 2/13/2024