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designated clearing entity

Defined in 1 dictionary — U.S. Code

United States Code

12 U.S.C. § 5462 — in this subchapter (2 versions over time)

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).