Accounts held by the debtor for a particular customer in separate capacities shall be treated as accounts of separate customers.
A member of a clearing organization shall be deemed to hold such member’s proprietary account in a separate capacity from such member’s customers’ account.
The net equity in a customer’s account may not be offset against the net equity in the account of any other customer.
(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2618; Pub. L. 98–353, title III, § 486, July 10, 1984, 98 Stat. 383.)
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