17 CFR § 1.72 - Restrictions on customer clearing arrangements.

---
identifier: "/us/cfr/t17/s1.72"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "17 CFR § 1.72 - Restrictions on customer clearing arrangements."
title_number: 17
title_name: "Commodity and Securities Exchanges"
section_number: "1.72"
section_name: "Restrictions on customer clearing arrangements."
chapter_name: "COMMODITY FUTURES TRADING COMMISSION"
part_number: "1"
part_name: "GENERAL REGULATIONS UNDER THE COMMODITY EXCHANGE ACT"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 1a, 2, 5, 6, 6a, 6b, 6c, 6d, 6e, 6f, 6g, 6h, 6i, 6k, 6l, 6m, 6n, 6o, 6p, 6r, 6s, 7, 7a-1, 7a-2, 7b, 7b-3, 8, 9, 10a, 12, 12a, 12c, 13a, 13a-1, 16, 16a, 19, 21, 23, and 24 (2012)."
regulatory_source: "41 FR 3194, Jan. 21, 1976, unless otherwise noted."
cfr_part: "1"
---


# 1.72 Restrictions on customer clearing arrangements.

No futures commission merchant providing clearing services to customers shall enter into an arrangement that:

(a) Discloses to the futures commission merchant or any swap dealer or major swap participant the identity of a customer's original executing counterparty;

(b) Limits the number of counterparties with whom a customer may enter into a trade;

(c) Restricts the size of the position a customer may take with any individual counterparty, apart from an overall limit for all positions held by the customer at the futures commission merchant;

(d) Impairs a customer's access to execution of a trade on terms that have a reasonable relationship to the best terms available; or

(e) Prevents compliance with the timeframes set forth in § 1.74(b), § 23.610(b), or § 39.12(b)(7) of this chapter.

[77 FR 21306, Apr. 9, 2012]