Furnishing of products and services by electronic means and facilities.

CFR · 2024-01-01 · US · Title 12

(a) (1) Acting as an electronic finder by: (i) Establishing, registering, and hosting commercially enabled web sites in the name of sellers; (ii) Establishing hyperlinks between the bank's site and a third-party site, including acting as a “virtual mall” by providing a collection of links to web sites of third-party vendors, organized by-product type and made available to bank customers; (iii) Hosting an electronic marketplace on the bank's Internet web site by providing links to the web sites of third-party buyers or sellers through the use of hypertext or other similar means; (iv) Hosting on the bank's servers the Internet web site of: (A) A buyer or seller that provides information concerning the hosted party and the products or services offered or sought and allows the submission of interest, bids, offers, orders and confirmations relating to such products or services; or (B) A governmental entity that provides information concerning the services or benefits made available by the governmental entity, assists persons in completing applications to receive such services or benefits and permits persons to transmit their applications for such services or benefits; (v) Operating an Internet web site that permits numerous buyers and sellers to exchange information concerning the products and services that they are willing to purchase or sell, locate potential counter-parties for transactions, aggregate orders for goods or services with those made by (vi) Operating a telephone ca

official document · source cfr-2024 · id 12:§ 7.5002