General Rules and Regulations
promulgated
under the
Securities Exchange Act of 1934
Rule 3b-14 -- Definition of Cash Management Securities Activities
The term cash management securities activities means securities activities that are
limited to transactions involving:
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 Rule
15a-1 or any non-securities activities of the dealer that involve eligible OTC
derivative instruments or other financial instruments;
Cash management, in connection with any securities activities
of the dealer permitted under Rule 15a-1 or any non-securities activities of the
dealer that involve eligible OTC derivative instruments or other financial instruments;
or
Financing of positions of the dealer acquired in connection
with any securities activities of the dealer permitted under Rule 15a-1 or any non-
securities activities that involve eligible OTC derivative instruments or other financial
instruments.
Notice to Users: The Deskbook is made available
with the understanding that the University of Cincinnati College
of Law is not engaged in rendering legal, accounting or other professional
services. If legal advice or other expert assistance is required,
the services of a competent professional person should be sought. See Terms and Conditions of Use.
