[Code of Federal Regulations]
[Title 17, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR39.6]

[Page 422-423]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER I--COMMODITY FUTURES TRADING COMMISSION
 
PART 39--DERIVATIVES CLEARING ORGANIZATIONS--Table of Contents
 
Sec. 39.6  Enforceability.

    An agreement, contract or transaction submitted to a derivatives 
clearing organization for clearance shall not be void, voidable, subject 
to rescission, or otherwise invalidated or rendered unenforceable as a 
result of:
    (a) A violation by the derivatives clearing organization of the 
provisions of the Act or of Commission regulations; or
    (b) Any Commission proceeding to alter or supplement a rule under 
section 8a(7) of the Act, to declare an emergency under section 8a(9) of 
the Act, or any other proceeding the effect

[[Page 423]]

of which is to alter, supplement, or require a derivatives clearing 
organization to adopt a specific rule or procedure, or to take or 
refrain from taking a specific action.