31 CFR 589.512 - Certain transactions related to derivatives prohibited by or § 589.204.

Regulations last checked for updates: Feb 16, 2025

Title 31 - Money and Finance: Treasury last revised: Jan 17, 2025

View all text of Subpart E [§ 589.501 - § 589.521]

§ 589.512 - Certain transactions related to derivatives prohibited by or § 589.204.

(a) All transactions by U.S. persons, wherever located, and transactions within the United States involving derivative products whose value is linked to an underlying asset that constitutes prohibited debt issued by a person subject to § 589.202, § 589.203, or § 589.204, or prohibited equity issued by a person subject to § 589.202, are authorized.

(b) This section does not authorize the holding, purchasing, or selling of underlying assets otherwise prohibited by § 589.202, § 589.203, or § 589.204 by U.S. persons, wherever are located, or within the United States.

authority: 3 U.S.C. 301; 22 U.S.C. 8901-8910,8921; 31 U.S.C. 321(b); 50 U.S.C. 1601

source: 87 FR 26099, May 2, 2022, unless otherwise noted.

cite as: 31 CFR 589.512