275.222-2—Definition of “client” for purposes of the national de minimis standard.

For purposes of section 222(d)(2) of the Act (15 U.S.C. 80b-18a(d)(2) ), an investment adviser may rely upon the definition of “client” provided by section 275.203(b)(3)-1 without giving regard to paragraph (b)(6) of that section.

Code of Federal Regulations

[69 FR 72089, Dec. 10, 2004]

CFR

275.222-2—Definition of “client” for purposes of the national de minimis standard.

Code of Federal Regulations