31 CFR § 375.14 - Do I have to make any certifications?

---
identifier: "/us/cfr/t31/s375.14"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "31 CFR § 375.14 - Do I have to make any certifications?"
title_number: 31
title_name: "Money and Finance: Treasury"
section_number: "375.14"
section_name: "Do I have to make any certifications?"
chapter_name: "FISCAL SERVICE, DEPARTMENT OF THE TREASURY"
subchapter_number: "A"
subchapter_name: "BUREAU OF THE FISCAL SERVICE"
part_number: "375"
part_name: "MARKETABLE TREASURY SECURITIES REDEMPTION OPERATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301; 31 U.S.C. 321; 31 U.S.C. 3111; 12 U.S.C. 391."
regulatory_source: "65 FR 3116, Jan. 19, 2000, as amended at 91 FR 15541, Mar. 30, 2026, unless otherwise noted."
cfr_part: "375"
---


# 375.14 Do I have to make any certifications?

By submitting a tender offering a security or securities for sale, you are deemed to certify to us that:

(a) You are in compliance with this part and the redemption operation announcement;

(b) You will not use any redemption operation information from FedTrade as a basis for any transaction unless:

(1) such information is available to you from another source at the time of the transaction; or

(2) such transaction is solely for the purpose of hedging specific, identifiable risks to you arising from the acceptance or rejection of your offers in a Treasury redemption operation or unwinding hedges of specific, identifiable risks to you arising from securities you redeem in a Treasury redemption operation; and

(c) You will not convey any redemption operation information from FedTrade to another person or entity except for the purpose of effectuating a transaction permitted under paragraph (b) of this section.