17 CFR § 403.3 - Use of customers' free credit balances.

---
identifier: "/us/cfr/t17/s403.3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "17 CFR § 403.3 - Use of customers' free credit balances."
title_number: 17
title_name: "Commodity and Securities Exchanges"
section_number: "403.3"
section_name: "Use of customers' free credit balances."
chapter_name: "DEPARTMENT OF THE TREASURY"
subchapter_number: "A"
subchapter_name: "REGULATIONS UNDER SECTION 15C OF THE SECURITIES EXCHANGE ACT OF 1934"
part_number: "403"
part_name: "PROTECTION OF CUSTOMER SECURITIES AND BALANCES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 101, Pub. L. 99-571, 100 Stat. 3209; sec. 4(b), Pub. L. 101-432, 104 Stat. 963; sec. 102, sec. 106, Pub. L. 103-202, 107 Stat. 2344 (15 U.S.C. 78o-5(a)(5), (b)(1)(A), (b)(4))."
regulatory_source: "52 FR 27947, July 24, 1987, unless otherwise noted."
cfr_part: "403"
---


# 403.3 Use of customers' free credit balances.

Every registered government securities broker or dealer shall comply with the requirement of § 240.15c3-2 of this title concerning the use of customer free credit balances. For purposes of this section, all references to “broker or dealer” in § 240.15c3-2 shall include government securities brokers and dealers.