The written representations can be relied on unless the firm has infomation that would cause a reasonable person to questions its accuracy.
This section also limits certain provisions of rules 15Fh-3 and 15Fh-4 and carves their requirements out so that they do not apply to security-based swaps entered into with majority-owned affiliates, where one counterparty has a majority interest in the other or a third party has a majority interest in both counterparties.
