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Code · BILL · 114th Congress · S. 2917 (Placed on Calendar Senate) — To reauthorize the Commodity Futures Trading Commission, to ensure protections of futures customers, to provide relie... · Sec. 203

Sec. 203. Privilege retention

179 words·~1 min read·/bill/114/s/2917/pcs/section-203

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Section 8 of the Commodity Exchange Act ( 7 U.S.C. 12 ) is amended— by redesignating subsections
(h)and
(i)as subsections
(i)and (j), respectively; and by inserting after subsection
(g)the following: In this subsection: The term foreign law enforcement authority means any foreign authority that is empowered under foreign law to detect, investigate, or prosecute potential violations of law. The term privilege includes any applicable work-product privilege, attorney-client privilege, governmental privilege, or other privilege recognized under Federal, State, or foreign law. The Commission shall not be considered to have waived any privilege by transferring information to or permitting that information to be used in accordance with subsection (e). The Commission shall not be compelled to disclose privileged information obtained from any foreign futures authority, or foreign law enforcement authority, if the authority has in good faith determined and represented to the Commission that the information is privileged. The entities listed in subsection
(e)shall not be considered to have waived any privilege by transferring information to or permitting information to be used by the Commission. .
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Sec. 203
Privilege retention
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