17 Commodity and Securities Exchanges 1 2000-04-01 2000-04-01 false Appraisal of obligations purchased with customer funds. 1.28 Section 1.28 Commodity and Securities Exchanges COMMODITY FUTURESTRADING COMMISSION GENERAL REGULATIONS UNDER THE COMMODITY EXCHANGE ACT Customersâ Money, Securities, and Property
§ 1.28 Appraisal of obligations purchased with customer funds.

Futures commission merchants who invest customer funds in obligations described in § 1.25 of this part shall include such obligations in segregated account records and reports at values which at no time exceed current market value, determined as of the close of the market on the date for which such computation is made.

[58 FR 10953, Feb. 23, 1993]