2014 US Code
Title 15 - Commerce and Trade (Sections 1 - 8405)
Chapter 109 - Wall Street Transparency and Accountability (Sections 8301 - 8344)
Subchapter I - Regulation of Over-the-Counter Swaps Markets (Sections 8301 - 8325)
Part A - Regulatory Authority (Sections 8301 - 8308)
Sec. 8308 - Memorandum
Publication Title | United States Code, 2012 Edition, Supplement 2, Title 15 - COMMERCE AND TRADE |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 15 - COMMERCE AND TRADE CHAPTER 109 - WALL STREET TRANSPARENCY AND ACCOUNTABILITY SUBCHAPTER I - REGULATION OF OVER-THE-COUNTER SWAPS MARKETS Part A - Regulatory Authority Sec. 8308 - Memorandum |
Contains | section 8308 |
Date | 2014 |
Laws In Effect As Of Date | January 5, 2015 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 111-203, title VII, §720, July 21, 2010, 124 Stat. 1657. |
Statutes at Large Reference | 124 Stat. 1657 |
Public and Private Law | Public Law 111-203 |
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(a)(1) The Commodity Futures Trading Commission and the Federal Energy Regulatory Commission shall, not later than 180 days after July 21, 2010, negotiate a memorandum of understanding to establish procedures for—
(A) applying their respective authorities in a manner so as to ensure effective and efficient regulation in the public interest;
(B) resolving conflicts concerning overlapping jurisdiction between the 2 agencies; and
(C) avoiding, to the extent possible, conflicting or duplicative regulation.
(2) Such memorandum and any subsequent amendments to the memorandum shall be promptly submitted to the appropriate committees of Congress.
(b) The Commodity Futures Trading Commission and the Federal Energy Regulatory Commission shall, not later than July 21, 2010, negotiate a memorandum of understanding to share information that may be requested where either Commission is conducting an investigation into potential manipulation, fraud, or market power abuse in markets subject to such Commission's regulation or oversight. Shared information shall remain subject to the same restrictions on disclosure applicable to the Commission initially holding the information.
(Pub. L. 111–203, title VII, §720, July 21, 2010, 124 Stat. 1657.)
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