15 U.S.C. § 8325 — International harmonization

FEDERAL · 15 U.S.C. · Chapter SUBCHAPTER I—REGULATION OF OVER-THE-COUNTER SWAPS MARKETS

International harmonization

15 U.S.C. § 8325

ChapterSUBCHAPTER I—REGULATION OF OVER-THE-COUNTER SWAPS MARKETS

PartB

This text of 15 U.S.C. § 8325 (International harmonization) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

15 U.S.C. § 8325.

Text

(a)In order to promote effective and consistent global regulation of swaps and security-based swaps, the Commodity Futures Trading Commission, the Securities and Exchange Commission, and the prudential regulators (as that term is defined in section 1a(39) of title 7), as appropriate, shall consult and coordinate with foreign regulatory authorities on the establishment of consistent international standards with respect to the regulation (including fees) of swaps, security-based swaps, swap entities, and security-based swap entities and may agree to such information-sharing arrangements as may be deemed to be necessary or appropriate in the public interest or for the protection of investors, swap counterparties, and security-based swap counterparties.

(b)In order to promote effective and c

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(a) In order to promote effective and consistent global regulation of swaps and security-based swaps, the Commodity Futures Trading Commission, the Securities and Exchange Commission, and the prudential regulators (as that term is defined in section 1a(39) of title 7), as appropriate, shall consult and coordinate with foreign regulatory authorities on the establishment of consistent international standards with respect to the regulation (including fees) of swaps, security-based swaps, swap entities, and security-based swap entities and may agree to such information-sharing arrangements as may be deemed to be necessary or appropriate in the public interest or for the protection of investors, swap counterparties, and security-based swap counterparties.
(b) In order to promote effective and consistent global regulation of contracts of sale of a commodity for future delivery and options on such contracts, the Commodity Futures Trading Commission shall consult and coordinate with foreign regulatory authorities on the establishment of consistent international standards with respect to the regulation of contracts of sale of a commodity for future delivery and options on such contracts, and may agree to such information-sharing arrangements as may be deemed necessary or appropriate in the public interest for the protection of users of contracts of sale of a commodity for future delivery.

Source Credit

History

(Pub. L. 111–203, title VII, §752, July 21, 2010, 124 Stat. 1749.)

Editorial Notes

Statutory Notes and Related Subsidiaries

Definition
For definition of "including" as used in this section, see section 5301 of Title 12, Banks and Banking.

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Bluebook (online)

15 U.S.C. § 8325, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/8325.