1. U.S. Code
  2. title 15
  3. chapter 109
  4. subchapter I
  5. part B
  6. § 8321

View all text of Part B [§ 8321 - § 8325]

§ 8321. Authority to define terms
(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”.

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

CITE AS: 15 USC 8321