Statute · United States Code

15 U.S.C. § 8341 — Authority to further define terms

15 U.S.C. § 8341

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
finance

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.

Citator

15 U.S.C. § 8341 — Authority to further define terms is in force in the current edition of the Code, and nothing recorded condemns it.

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.