Designated Clearing Entity [Banks & Banking] Law and Legal Definition
Pursuant to 12 USCS § 5462 (3) [Title 12. Banks and Banking; Chapter 53. Wall Street Reform and Consumer Protection; Payment, Clearing, and Settlement Supervision], the term designated clearing entity means “a designated financial market utility that is a derivatives clearing organization registered under section 5b of the Commodity Exchange Act (7 U.S.C. 7a-1) or a clearing agency registered with the Securities and Exchange Commission under section 17A of the Securities Exchange Act of 1934 (15 U.S.C. 78q-1).”
Legal Definition list
- Designated Clearing Entity [Banks & Banking]
- Designated Biomedical and Behavioral Research Institution
- Designated Agent [Patents]
- Designated Agency Official
- Designated Agency Ethics Official [Administrative Personnel]
- Designated Conservationist [Agriculture]
- Designated Database Provider
- Designated FOIA Officer
- Designated Foreign Terrorist Organization [DFTO]
- Designated Nationality Examiner
- Designated Open Forum [Education]
