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  <FDSYS>
    <CFRTITLE>17</CFRTITLE>
    <CFRTITLETEXT>Commodity and Securities Exchanges</CFRTITLETEXT>
    <VOL>1</VOL>
    <DATE>2000-04-01</DATE>
    <ORIGINALDATE>2000-04-01</ORIGINALDATE>
    <COVERONLY>false</COVERONLY>
    <TITLE>Segregated funds; exclusions therefrom.</TITLE>
    <GRANULENUM>1.24</GRANULENUM>
    <HEADING>Section 1.24</HEADING>
    <ANCESTORS>
      <PARENT HEADING="Title 17" SEQ="3">Commodity and Securities Exchanges</PARENT>
      <PARENT HEADING="CHAPTER I" SEQ="2">COMMODITY FUTURESTRADING COMMISSION</PARENT>
      <PARENT HEADING="PART 1" SEQ="1">GENERAL REGULATIONS UNDER THE COMMODITY EXCHANGE ACT</PARENT>
      <PARENT HEADING="" SEQ="0">Customersâ Money, Securities, and Property</PARENT>
    </ANCESTORS>
  </FDSYS>
  <SECTION>
    <SECTNO>§ 1.24</SECTNO>
    <SUBJECT>Segregated funds; exclusions therefrom.</SUBJECT>
    <P>Money held in a segregated account by a futures commission merchant shall not include: (a) Money invested in obligations or stocks of any clearing organization or in memberships in or obligations of any contract market; or (b) money held by any clearing organization which it may use for any purpose other than to purchase, margin, guarantee, secure, transfer, adjust, or settle the contracts, trades, or commodity options of the commodity or option customers of such futures commission merchant.</P>
    <CITA>[46 FR 54519, Nov. 3, 1981]</CITA>
  </SECTION>
</CFRGRANULE>
