New York Uniform Commercial Code Law Section 8-111 - Clearing Corporation Rules.

Section 8--111. Clearing Corporation Rules.
A  rule  adopted  by  a  clearing  corporation  governing  rights  and
  obligations among the clearing corporation and its participants  in  the
  clearing  corporation  is effective even if the rule conflicts with this
  article and affects another party who does not consent to the rule.

Last modified: February 3, 2019