7 U.S.C. § 6b–1 — Enforcement authority

(a) Commodity Futures Trading Commission. Except as the next three subsections provide, the Commission has exclusive authority to enforce the provisions of subtitle A of the Wall Street Transparency and Accountability Act of 2010, against any person. (b) Prudential regulators. The banking regulators known as "prudential regulators" have exclusive authority to enforce section 6s(e) of this title — rules about capital and margin — against swap dealers or major swap participants that they themselves regulate. (c) Referrals. If a prudential regulator believes a swap dealer or major swap participant it oversees may have broken one of the nonprudential requirements of this chapter, the regulator can send the Commission a written report asking it to start an enforcement proceeding, along with an explanation of the facts behind that request. Likewise, if the Commission believes a swap dealer or major swap participant with a prudential regulator may have broken a prudential requirement under section 6s or its rules, the Commission can send that regulator a written report asking it to start an enforcement proceeding, with an explanation of the Commission's concerns and the facts behind them. (d) Backstop enforcement authority. If the Commission doesn't start an enforcement proceeding within 90 days of receiving a report under (c)(1), the prudential regulator that sent it may start one itself. Likewise, if the prudential regulator doesn't start an enforcement proceeding within 90 days of receiving a report under (c)(2), the Commission may start one itself.