Appraisal of instruments purchased with customer funds.

Futures commission merchants who invest customer funds in instruments described in § 1.25 of this part shall include such instruments in segregated account records and reports at values which at no time exceed current market value, determined as of the close of the market on the date for which such computation is made. [58 FR 10953, Feb. 23, 1993, as amended at 65 FR 78013, Dec. 13, 2000]