Proposed Rule

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PROPOSED AMENDMENTS
(additions are underscored)

FINANCIAL REQUIREMENTS

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SECTION 12. SECURITY DEPOSITS FOR FOREX TRANSACTIONS WITH FOREX DEALER MEMBERS.
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(e) In addition to cash, a Forex Dealer Member required to collect and maintain a minimum security deposit under (a) above may accept those instruments described in CFTC Rule 1.25 as collateral for customers' security deposit obligations. The collateral must be in the FDM's possession and control and is subject to the haircuts in CFTC Rule 1.17.

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