government securities broker
Defined in 3 places across 2 titles — 2 distinct definitions of the United States Code.
“government securities broker” has the meaning prescribed in section 3(a)(43) of the Securities Exchange Act of 1934.
Same definition in 2 sections
- 1994–present31 U.S.C. § 3121Money and Finance · Procedure · under this chapter
- 1994–present31 U.S.C. § 9110Money and Finance · Standards for depository institutions holding securities of a Government-sponsored corporation for customers · under this section
The term “government securities broker” means any person regularly engaged in the business of effecting transactions in government securities for the account of others, but does not include—
(A) any corporation the securities of which are government securities under subparagraph (B) or (C) of paragraph (42) of this subsection; or
(B) any person registered with the Commodity Futures Trading Commission, any contract market designated by the Commodity Futures Trading Commission, such contract market's affiliated clearing organization, or any floor trader on such contract market, solely because such person effects transactions in government securities that the Commission, after consultation with the Commodity Futures Trading Commission, has determined by rule or order to be incidental to such person's futures-related business.
Source
- 1994–present15 U.S.C. § 78CCommerce and Trade · Definitions and application · under this chapter