# 17 CFR § 240.11a1-2: Transactions for certain accounts of associated persons of members

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-17-240.11a1-2

## Section

- **Citation:** 17 CFR § 240.11a1-2
- **Heading:** Transactions for certain accounts of associated persons of members
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 17—Commodity and Securities Exchanges > CHAPTER II—SECURITIES AND EXCHANGE COMMISSION > PART 240—GENERAL RULES AND REGULATIONS, SECURITIES EXCHANGE ACT OF 1934 > Subpart A—Rules and Regulations Under the Securities Exchange Act of 1934 > Adoption of Floor Trading Regulation (Rule 11a-1)

## Text

A transaction effected by a member of a national securities exchange for the account of an associated person thereof shall be deemed to be of a kind which is consistent with the purposes of section 11(a)(1) of the Act, the protection of investors, and the maintenance of fair and orderly markets if the transaction is effected:
(a) For the account of and for the benefit of an associated person, if, assuming such transaction were for the account of a member, or
(b) For the account of an associated person but for the benefit of an account carried by such associated person, if, assuming such account were carried on the same basis by a member.
The member would have been permitted, under section 11(a) of the Act and the other rules thereunder, to effect the transaction: Provided, however, That a transaction may not be effected by a member for the account of and for the benefit of an associated person under section 11(a)(1)(G) of the Act and Rule 11a1-1(T) thereunder unless the associated person derived, during its preceding fiscal year, more than 50 percent of its gross revenues from one or more of the sources specified in section 11(a)(1)(G)(i) of the Act.
(Secs. 2, 3, 4, 6, 7, 11, 18, 89 Stat. 97, 104, 110, 111, 121, 155 (15 U.S.C. 78b, 78c, 78f, 78k, 78k-1, 78o, 78w); secs. 2, 3, 10, 23, 48 Stat. 881, 882, 891, 901, as amended (15 U.S.C. 78j))
[43 FR 11553, Mar. 17, 1978; 43 FR 14451, Apr. 6, 1978]

## Nearby sections

- [17 CFR § 240.0-1 § 240.0-1 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.0-1.md)
- [17 CFR § 240.0-2 § 240.0-2 Business hours of the Commission.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.0-2.md)
- [17 CFR § 240.0-3 § 240.0-3 Filing of material with the Commission.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.0-3.md)
- [17 CFR § 240.0-4 § 240.0-4 Nondisclosure of information obtained in examinations and investigations.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.0-4.md)
- [17 CFR § 240.0-5 § 240.0-5 Reference to rule by obsolete designation.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.0-5.md)
- [17 CFR § 240.0-6 § 240.0-6 Disclosure detrimental to the national defense or foreign policy.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.0-6.md)
- [17 CFR § 240.0-8 § 240.0-8 Application of rules to registered broker-dealers.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.0-8.md)
- [17 CFR § 240.0-9 § 240.0-9 Payment of filing fees.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.0-9.md)
- [17 CFR § 240.0-10 § 240.0-10 Small entities under the Securities Exchange Act for purposes of the Regulatory Flexibility Act.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.0-10.md)
- [17 CFR § 240.0-11 § 240.0-11 Filing fees for certain acquisitions, dispositions and similar transactions.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.0-11.md)
- [17 CFR § 240.0-12 § 240.0-12 Commission procedures for filing applications for orders for exemptive relief under Section 36 of the Exchange Act.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.0-12.md)
- [17 CFR § 240.0-13 § 240.0-13 Commission procedures for filing applications to request a substituted compliance or listed jurisdiction order under the Exchange Act.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.0-13.md)
- [17 CFR § 240.3a1-1 § 240.3a1-1 Exemption from the definition of “Exchange” under Section 3(a)(1) of the Act.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.3a1-1.md)
- [17 CFR § 240.3a4-1 § 240.3a4-1 Associated persons of an issuer deemed not to be brokers.](https://www.frixlaw.com/law-library/statutes/ecfr-17-240.3a4-1.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-17-240.11a1-2. Check the current official text before relying on it. Not legal advice.