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15 U.S.C. § 80b–18c — Rule of construction relating to the Commodities Exchange Act

submitted 86 years ago by Pub. L. 111-203 to r/title-15-COMMERCE-AND-TRADE · 55 words · no verdicts yet

in plain englishAI-generated · not legal advice

This law doesn't cancel anyone's duties, or take away any rights or remedies, under the Commodity Exchange Act. That protection covers rules for commodity pools, commodity pool operators, and commodity trading advisors, and it applies to both the CFTC and private parties.

This section is a rule of construction — it says what this subchapter does not do. Nothing here relieves any person of a duty they have under the Commodity Exchange Act. Nothing here takes away a right or remedy that the Commodity Futures Trading Commission, or any private party, has under that Act. This protection specifically covers the Commodity Exchange Act's rules governing commodity pools, commodity pool operators, and commodity trading advisors.
the actual law source: uscode.house.gov ↗public domain

Nothing in this subchapter shall relieve any person of any obligation or duty, or affect the availability of any right or remedy available to the Commodity Futures Trading Commission or any private party, arising under the Commodity Exchange Act (7 U.S.C. 1 et seq.) governing commodity pools, commodity pool operators, or commodity trading advisors.

Source credit: (Aug. 22, 1940, ch. 686, title II, § 224, as added Pub. L. 111–203, title IV, § 414, July 21, 2010, 124 Stat. 1578.)

history & why it existsrecord from the source credit
  • 1940Enacted · Pub. L. 111-203 · 124 Stat. 1578

A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-203 on 1940-08-22.

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