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15 U.S.C. § 8321 - U.S. Code - Unannotated Title 15. Commerce and Trade § 8321. Authority to define terms

Current as of January 01, 2024 | Updated by Findlaw Staff

(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”.

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Cite this article: FindLaw.com - 15 U.S.C. § 8321 - U.S. Code - Unannotated Title 15. Commerce and Trade § 8321. Authority to define terms - last updated January 01, 2024 | https://codes.findlaw.com/us/title-15-commerce-and-trade/15-usc-sect-8321/

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