2018 US Code
Title 7 - Agriculture
Chapter 1 - Commodity Exchanges
Sec. 7b-2 - Privacy
| 7 U.S.C. § 7b-2 (2018) |
| §7b–2. Privacy |
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(a) Treatment as financial institutions
Notwithstanding section 509(3)(B) of the Gramm-Leach-Bliley Act [15 U.S.C. 6809(3)(B)], any futures commission merchant, commodity trading advisor, commodity pool operator, or introducing broker that is subject to the jurisdiction of the Commission under this chapter with respect to any financial activity shall be treated as a financial institution for purposes of title V of such Act [15 U.S.C. 6801 et seq.] with respect to such financial activity. (b) Treatment of CFTC as Federal functional regulatorFor purposes of title V of such Act [15 U.S.C. 6801 et seq.], the Commission shall be treated as a Federal functional regulator within the meaning of section 509(2) of such Act [15 U.S.C. 6809(2)] and shall prescribe regulations under such title within 6 months after December 21, 2000. |
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(Sept. 21, 1922, ch. 369, §5g, as added Pub. L. 106–554, §1(a)(5) [title I, §124], Dec. 21, 2000, 114 Stat. 2763, 2763A–411.) |
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REFERENCES IN TEXT
The Gramm-Leach-Bliley Act, referred to in text, is Pub. L. 106–102, Nov. 12, 1999, 113 Stat. 1338. Title V of the Act is classified principally to chapter 94 (§6801 et seq.) of Title 15, Commerce and Trade. For complete classification of this Act to the Code, see Short Title of 1999 Amendment note set out under section 1811 of Title 12, Banks and Banking, and Tables. |
| United States Code, 2018 Edition, Title 7 - AGRICULTURE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 7 - AGRICULTURE CHAPTER 1 - COMMODITY EXCHANGES Sec. 7b-2 - Privacy |
| section 7b-2 |
| 2018 |
| January 14, 2019 |
| No |
| standard |
| 113 Stat. 1338 114 Stat. 2763 |
| Public Law 106-102, Public Law 106-554 |
