emption from margin requirements for an entity that satisfies the criteria in CEA § 2(h)(7)(0) and implementing regulations (see PR Reg. _,.1(d) and CFTC Reg. 23.150(b)). "PR US Branch" means a branch or agency organized or licensed under the laws of the United States or any US State. "PR Foreign Conso

xemption from margin requirements for an entity that satisfies the criteria in CEA § 2(h)(7)(D) and implementing regulations (see PR Reg. _.1(d) and CFTC Reg. 23.150(6)). "PR US Branch" means a branch or agency organized or licensed under the laws of the United States or any US State. 13 "PR Foreign C