17 CFR § 31.27 - Registered futures association membership.

---
identifier: "/us/cfr/t17/s31.27"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "17 CFR § 31.27 - Registered futures association membership."
title_number: 17
title_name: "Commodity and Securities Exchanges"
section_number: "31.27"
section_name: "Registered futures association membership."
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"
---


# 31.27 Registered futures association membership.

Each person registered or required to register as a leverage transaction merchant must become and remain a member of at least one futures association which is registered under section 17 of the Act and which provides for the membership therein of such leverage transaction merchant, unless no such futures association is so registered.

[54 FR 41083, Oct. 5, 1989]