Foreign futures authority
Read this section in the full bill →
This section appears in one version only, so there is nothing to compare yet.
(a) In general Section 1a(26) of the Commodity Exchange Act (7 U.S.C. 1a(26)) is amended to read as follows: (26) Foreign futures authority The term foreign futures authority means any foreign government, or any law enforcement authority, department, central bank, ministry, agency, governmental body, or regulatory organization empowered by a foreign government to administer, enforce, or prosecute a law, rule, or regulation relating to matters involving futures, options, swaps, or commodities, or any such authority, department, or agency of a political subdivision of a foreign government empowered to administer, enforce, or prosecute a law, rule, or regulation as it relates to such matters.. (b) Conforming amendment Section 12(f) of such Act (7 U.S.C. 16(f)) is amended— (1) in paragraph (1)— (A) by striking futures or options and inserting futures, options, swaps, or commodities; and (B) by striking administers or enforces and inserting administers, enforces, or prosecutes; and (2) in paragraph (2)(A), by striking in futures and options and inserting in futures, options, swaps, or commodities.