2021 US Code
Title 15 - Commerce and Trade
Chapter 109 - Wall Street Transparency and Accountability
Subchapter II - Regulation of Security-Based Swap Markets
Sec. 8341 - Authority to further define terms

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Citation 15 U.S.C. § 8341 (2021)
Section Name §8341. Authority to further define terms
Section Text

The Securities and Exchange Commission may, by rule, further define—

(1) the term "commercial risk";

(2) any other term included in an amendment to the Securities Exchange Act of 1934 1 (15 U.S.C. 78c(a)) made by this subtitle; and

(3) the terms "security-based swap", "security-based swap dealer", "major security-based swap participant", and "eligible contract participant", with regard to security-based swaps (as such terms are defined in the amendments made by subsection (a)) for the purpose of including transactions and entities that have been structured to evade this subtitle or the amendments made by this subtitle.

Source Credit

(Pub. L. 111–203, title VII, §761(b), July 21, 2010, 124 Stat. 1759.)


Editorial Notes EDITORIAL NOTES REFERENCES IN TEXT

This subtitle, referred to in pars. (2) and (3), is subtitle B (§§761–774) of title VII of Pub. L. 111–203, July 21, 2010, 124 Stat. 1754, which enacted this subchapter and sections 78c–3 to 78c–5, 78j–2, 78m–1, and 78o–10 of this title, amended sections 77b, 77b–1, 77e, 77q, 78c, 78c–1, 78f, 78i, 78j, 78m, 78o, 78p, 78q–1, 78t, 78u–1, 78u–2, 78bb, 78dd, 78mm, 80a–2, and 80b–2 of this title, enacted provisions set out as a note under section 77b of this title, and amended provisions set out as a note under section 78c of this title. For complete classification of subtitle B to the Code, see Tables.

Subsection (a), referred to in par. (3), is subsec. (a) of section 761 of title VII of Pub. L. 111–203, July 21, 2010, 124 Stat. 1754, which amended section 78c of this title.


STATUTORY NOTES AND RELATED SUBSIDIARIES EFFECTIVE DATE

Provisions of subchapter effective on the later of 360 days after July 21, 2010, or, to the extent the provision requires a rulemaking, not less than 60 days after publication of the final rule or regulation implementing such provision, see section 774 of Pub. L. 111–203, set out as an Effective Date of 2010 Amendment note under section 77b of this title.

DEFINITION

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

Footnotes

1 So in original. Probably should be "section 3(a) of the Securities Exchange Act of 1934".

Publication Title United States Code, 2018 Edition, Supplement 3, 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 II - REGULATION OF SECURITY-BASED SWAP MARKETS
Sec. 8341 - Authority to further define terms
Contains section 8341
Date 2021
Laws In Effect As Of Date January 3, 2022
Positive Law No
Disposition standard
Statutes at Large References 124 Stat. 1759, 1754
Public Law References Public Law 111-203
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