designated clearing entity
Defined in 1 place of the United States Code.
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).
Source
- 2010–present12 U.S.C. § 5462Banks and Banking · Definitions · in this subchapter