Rules for
Privacy of Consumer Financial Information
Regulation S-P
Rule 2 -- Rule of Construction
The examples in this part and the sample clauses
in appendix A of this part provide guidance concerning
the rule's application in ordinary circumstances. The facts and circumstances
of each individual situation, however, will determine whether compliance with
an example or use of a sample clause, to the extent applicable, constitutes
compliance with this part.
Substituted compliance with CFTC financial
privacy rules by futures commission merchants and introducing brokers. Except
with respect to Rule 30(b)any futures commission merchant or introducing
broker (as those terms are defined in the
Commodity Exchange Act (7 U.S.C. 1, et seq.)) registered by notice with the
Commission for the purpose of conducting business in security futures
products
pursuant to section 15(b)(11)(A)
of the Securities Exchange Act of 1934 that is subject to and in compliance
with the financial privacy rules of the Commodity Futures Trading Commission
(17 CFR part 160) will be deemed to be in compliance with this part.
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