United States Code
USC most recently checked for updates: Dec 10, 2024
§ 8321.
Authority to define terms
(a)
Authority to define terms
The Commodity Futures Trading Commission may adopt a rule to define—
(1)
the term “commercial risk”; and
(2)
any other term included in an amendment to the Commodity Exchange Act (7 U.S.C. 1 et seq.) made by this subtitle.
(b)
Modification of definitions
To include transactions and entities that have been structured to evade this subtitle (or an amendment made by this subtitle), the Commodity Futures Trading Commission shall adopt a rule to further define the terms “swap”, “swap dealer”, “major swap participant”, and “eligible contract participant”.
cite as: 15 USC 8321
