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Code · BILL · 114th Congress · H.R. 1847 (Referred in Senate) — To amend the Securities Exchange Act of 1934 and the Commodity Exchange Act to repeal the indemnification requirement... · Sec. 2

Sec. 2. Repeal of indemnification requirements

355 words·~2 min read·/bill/114/hr/1847/rfs/section-2

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Section 5b(k)(5) of the Commodity Exchange Act ( 7 U.S.C. 7a–1(k)(5) ) is amended to read as follows: Before the Commission may share information with any entity described in paragraph (4), the Commission shall receive a written agreement from each entity stating that the entity shall abide by the confidentiality requirements described in section 8 relating to the information on swap transactions that is provided. . Section 21 of such Act ( 7 U.S.C. 24a ) is amended— in subsection (c)(7)— in the matter preceding subparagraph (A), by striking all and inserting swap ; and in subparagraph (E)— in clause (ii), by striking and at the end; and by adding at the end the following: other foreign authorities; and ; and by striking subsection
(d)and inserting the following: Before the swap data repository may share information with any entity described in subsection (c)(7), the swap data repository shall receive a written agreement from each entity stating that the entity shall abide by the confidentiality requirements described in section 8 relating to the information on swap transactions that is provided. . Section 13(n)(5) of the Securities Exchange Act of 1934 25 ( 15 U.S.C. 78m(n)(5) ) is amended— in subparagraph (G)— in the matter preceding clause (i), by striking all and inserting security-based swap ; and in subclause (v)— in subclause (II), by striking ; and and inserting a semicolon; in subclause (III), by striking the period at the end and inserting ; and ; and by adding at the end the following: other foreign authorities. ; and by striking subparagraph
(H)and inserting the following: Before the security-based swap data repository may share information with any entity described in subparagraph (G), the security-based swap data repository shall receive a written agreement from each entity stating that the entity shall abide by the confidentiality requirements described in section 24 relating to the information on security-based swap transactions that is provided. . The amendments made by this Act shall take effect as if enacted as part of the Dodd- Frank Wall Street Reform and Consumer Protection Act ( Public Law 111–203 ) on July 21, 2010.
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  • 7 USC 7a–1(k)(5)
  • Pub. L. 111-203
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cites case law
Sec. 2
Repeal of indemnification requirements
Cite7 USC 7a–1(k)(5)
Pub. L.Pub. L. 111-203
Cites 4Cited by 0 across 0 sources
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