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15 U.S.C. § 8321 — Authority to define terms

submitted 16 years ago by Pub. L. 111-203 to r/title-15-COMMERCE-AND-TRADE · 93 words · no verdicts yet

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A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a) Authority to define terms

The Commodity Futures Trading Commission may adopt a rule to define—

(1)

the term “commercial risk”; and

(2)

any other term included in an amendment to the Commodity Exchange Act (7 U.S.C. 1 et seq.) made by this subtitle.

(b) Modification of definitions

To include transactions and entities that have been structured to evade this subtitle (or an amendment made by this subtitle), the Commodity Futures Trading Commission shall adopt a rule to further define the terms “swap”, “swap dealer”, “major swap participant”, and “eligible contract participant”.

Source credit: (Pub. L. 111–203, title VII, § 721(b), (c), July 21, 2010, 124 Stat. 1670.)

history & why it existsrecord from the source credit
  • 2010Enacted · Pub. L. 111-203 · 124 Stat. 1670

A history note hasn’t been published yet. The record shows enactment by Pub. L. 111-203 on 2010-07-21.

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