; and (ii) in accordance with such rules and subject to such conditions as the Commission may prescribe. (E) Prohibition It shall be unlawful for any person, including any derivatives clearing organization or depository institution, that has received any money, assets, or property for deposit in a separate account or accounts as required by subparagraph (B) to hold, dispose of, or use any of the money, assets, or property that belongs to the depositing futures commission merchant or any person other than the crypto asset customer of the futures commission merchant. (3) Customer right to opt out (A) In general A customer shall have the right to waive any requirement under this subsection by affirmatively electing, in writing to the futures commission merchant, to waive the requirement. (B) Limitations The Commission may, by rule, establish notice and disclosure requirements, segregation requirements, investment limitations, and other rules relating to the waiving of any requirement under this subsection that are reasonably necessary to protect customers, including eligible contract participants, non-eligible contract participants, and any other class of customers. . (c) Limitation on futures commission merchants acting as a counterparty in crypto asset transactions Section 4d of the Commodity Exchange Act ( 7 U.S.C. 6d ) (as amended by subsection (b)) is amended by adding at the end the following: (j) Risk management standards for decentralized crypto asset exchanges (1) In general Prior to conducting trading activity (including routing orders and directed trading) through a decentralized crypto asset exchange, or otherwise providing customer access to a decentralized crypto asset exchange, a futures commission merchant shall implement risk management standards with respect to trading activity through that decentralized crypto asset exchange. (2) Requirements A futures commission merchant shall— (A) implement an effective risk-based procedure for determining whether to execute, reject, or suspend an incoming or