---identifier: "/us/cfr/t17/s39.23"source: "ecfr"legal_status: "authoritative_unofficial"title: "17 CFR § 39.23 - Antitrust considerations."title_number: 17title_name: "Commodity and Securities Exchanges"section_number: "39.23"section_name: "Antitrust considerations."chapter_name: "COMMODITY FUTURES TRADING COMMISSION"part_number: "39"part_name: "DERIVATIVES CLEARING ORGANIZATIONS"positive_law: falsecurrency: "2026-04-05"last_updated: "2026-04-05"format_version: "1.1.0"generator: "[email protected]"authority: "7 U.S.C. 2, 6(c), 7a-1, and 12a(5); 12 U.S.C. 5464; 15 U.S.C. 8325; Section 752 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, title VII, sec. 752, July 21, 2010, 124 Stat. 1749."regulatory_source: "76 FR 69430, Nov. 8, 2011, unless otherwise noted."cfr_part: "39"---
Identifier
/us/cfr/t17/s39.23
Currency
2026-04-05
Positive Law
No
Updated
2026-04-05
Chapter
Commodity Futures Trading Commission
Authority
7 U.S.C. 2, 6(c), 7a-1, and 12a(5); 12 U.S.C. 5464; 15 U.S.C. 8325; Section 752 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, title VII, sec. 752, July 21, 2010, 1... 7 U.S.C. 2, 6(c), 7a-1, and 12a(5); 12 U.S.C. 5464; 15 U.S.C. 8325; Section 752 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, title VII, sec. 752, July 21, 2010, 124 Stat. 1749.
# 39.23 Antitrust considerations.Unless necessary or appropriate to achieve the purposes of the Act, a derivatives clearing organization shall not adopt any rule or take any action that results in any unreasonable restraint of trade, or impose any material anticompetitive burden.