Code of Federal Regulations (alpha)

CFR /  Title 17  /  Part 37  /  Sec. 37.1303 Computation of projected operating costs to meet

A swap execution facility shall, each fiscal quarter, make a reasonable calculation of its projected operating costs over a twelve-month period in order to determine the amount needed to meet the requirements of Sec. 37.1301. The swap execution facility shall have reasonable discretion in determining the methodology used to compute such projected operating costs. The Commission may review the methodology and require changes as appropriate.