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Code · BILL · 114th Congress · H.R. 5983 (Introduced in House) — To create hope and opportunity for consumers, investors, and entrepreneurs by ending bailouts and Too Big to Fail, ho... · Sec. 464

Sec. 464. Internal risk controls

134 words·~1 min read·/bill/114/hr/5983/ih/section-464·

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Section 2(a)(12) of the Commodity Exchange Act ( 7 U.S.C. 2(a)(12) ), as amended by section 462, is further amended by adding at the end the following: The Commission, in consultation with the Chief Economist, shall develop comprehensive internal risk control mechanisms to safeguard and govern the storage of all market data by the Commission, all market data sharing agreements of the Commission, and all academic research performed at the Commission using market data. . Section 1a of the Commodity Exchange Act ( 7 U.S.C. 1a ) is amended— by redesignating paragraphs
(8)through
(51)as paragraphs
(9)through (52); and by inserting after paragraph
(7)the following: The term Chief Economist means the Chief Economist of the Commission, or an employee of the Commission with comparable authority, as determined by the Commission. .
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Sec. 464
Internal risk controls
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