17 CFR § 240.3b-14 - Definition of cash management securities activities.

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identifier: "/us/cfr/t17/s240.3b-14"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "17 CFR § 240.3b-14 - Definition of cash management securities activities."
title_number: 17
title_name: "Commodity and Securities Exchanges"
section_number: "240.3b-14"
section_name: "Definition of cash management securities activities."
chapter_name: "SECURITIES AND EXCHANGE COMMISSION"
part_number: "240"
part_name: "GENERAL RULES AND REGULATIONS, SECURITIES EXCHANGE ACT OF 1934"
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currency: "2026-04-05"
last_updated: "2026-04-05"
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cfr_part: "240"
---


# 240.3b-14 Definition of cash management securities activities.

The term *cash management securities activities* means securities activities that are limited to transactions involving:

(a) Any taking possession of, and any subsequent sale or disposition of, collateral provided by a counterparty, or any acquisition of, and any subsequent sale or disposition of, collateral to be provided to a counterparty, in connection with any securities activities of the dealer permitted under § 240.15a-1 or any non-securities activities of the dealer that involve eligible OTC derivative instruments or other financial instruments;

(b) Cash management, in connection with any securities activities of the dealer permitted under § 240.15a-1 or any non-securities activities of the dealer that involve eligible OTC derivative instruments or other financial instruments; or

(c) Financing of positions of the dealer acquired in connection with any securities activities of the dealer permitted under § 240.15a-1 or any non-securities activities that involve eligible OTC derivative instruments or other financial instruments.

[63 FR 59395, Nov. 3, 1998]