C.F.R. » Title 17 » CHAPTER I—COMMODITY FUTURES TRADING COMMISSION › PART 37—SWAP EXECUTION FACILITIES › Subpart I—Emergency Authority

17 C.F.R. § 37.800

Core Principle 8—Emergency authority

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The swap execution facility shall adopt rules to provide for the exercise of emergency authority, in consultation or cooperation with the Commission, as is necessary and appropriate, including the authority to liquidate or transfer open positions in any swap or to suspend or curtail trading in a swap.