17 CFR § 31.21 - Leverage contracts entered into prior to April 13, 1984; subsequent transactions.

---
identifier: "/us/cfr/t17/s31.21"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "17 CFR § 31.21 - Leverage contracts entered into prior to April 13, 1984; subsequent transactions."
title_number: 17
title_name: "Commodity and Securities Exchanges"
section_number: "31.21"
section_name: "Leverage contracts entered into prior to April 13, 1984; subsequent transactions."
chapter_name: "COMMODITY FUTURES TRADING COMMISSION"
part_number: "31"
part_name: "LEVERAGE TRANSACTIONS"
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. 12a and 23, unless otherwise noted."
cfr_part: "31"
---


# 31.21 Leverage contracts entered into prior to April 13, 1984; subsequent transactions.

Nothing contained in these regulations shall be construed to affect any lawful activities that occurred prior to April 13, 1984. All leverage contracts offered or entered into on or after April 13, 1984 shall be subject to the terms and conditions of these regulations.

[54 FR 41082, Oct. 5, 1989]