EXCHANGES #251 15 USC CHAPTER 2B – SECURITIES EXCHANGES
July 23rd, 2009
Identified Banking Product. – For purposes of paragraphs (4) and (5) of section 3(a) of the Securities Exchange Act of 1934 (15 USC 78c(a)(4), (5)), the term ‘identified banking product’ means – “(1) a deposit account, savings account, certificate of deposit, or other deposit instrument issued by a bank; “(2) a banker’s acceptance; “(3) a letter of credit issued or loan made by a bank; “(4) a debit account at a bank arising from a credit card or similar arrangement; “(5) a participation …
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