15 U.S.C. § 8341 — Authority to further define terms
submitted 16 years ago by Pub. L. 111-203 to r/title-15-COMMERCE-AND-TRADE · 97 words · no verdicts yet
The Securities and Exchange Commission may further define specified terms used in this subtitle and its amendments to the Securities Exchange Act. It may do so to include transactions and entities structured to evade those provisions.
The Securities and Exchange Commission may, by rule, further define— (1) the term “commercial risk”; (2) any other term included in an amendment to the Securities Exchange Act of 1934 1 ( 15 U.S.C. 78c(a) ) made by this subtitle; and (3) the terms “security-based swap”, “security-based swap dealer”, “major security-based swap participant”, and “eligible contract participant”, with regard to security-based swaps (as such terms are defined in the amendments made by subsection (a)) for the purpose of including transactions and entities that have been structured to evade this subtitle or the amendments made by this subtitle.
The Securities and Exchange Commission may, by rule, further define—
the term “commercial risk”;
any other term included in an amendment to the Securities Exchange Act of 1934 1 (15 U.S.C. 78c(a)) made by this subtitle; and
the terms “security-based swap”, “security-based swap dealer”, “major security-based swap participant”, and “eligible contract participant”, with regard to security-based swaps (as such terms are defined in the amendments made by subsection (a)) for the purpose of including transactions and entities that have been structured to evade this subtitle or the amendments made by this subtitle.
Source credit: (Pub. L. 111–203, title VII, § 761(b), July 21, 2010, 124 Stat. 1759.)
- 2010Enacted · Pub. L. 111-203 · 124 Stat. 1759
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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