Sec. 402. Elimination of obsolete references to derivative transaction execution facilities

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Section 1a of the Commodity Exchange Act ( 7 U.S.C. 1a ) is amended— in paragraph (12)(B)(vi), by striking or derivatives transaction execution facility ; in paragraph (34)— by striking the paragraph designation and heading and inserting the following: ; and by striking or derivatives transaction execution facility each place it appears; and in paragraph (35)(B)(iii)(I), by striking or registered derivatives transaction execution facility . Section 2 of the Commodity Exchange Act ( 7 U.S.C. 2 ) is amended— in subsection (a)— in paragraph (1)— in subparagraph (C)— in clause (ii), in the matter preceding subclause (I)— by striking , or register a derivatives transaction execution facility that trades or executes, ; by striking , and no derivatives transaction execution facility shall trade or execute such contracts of sale (or options on such contracts) for future delivery ; and by striking or the derivatives transaction execution facility, ; and in clause (v)— in subclause (I), by striking , or any derivatives transaction execution facility on which such contract or option is traded, ; in subclause (II), by striking or derivatives transaction execution facility each place it appears; and in subclause (V), by striking or registered derivatives transaction execution facility ; and in subparagraph (D)— in clause (i)— in the matter preceding subclause (I)— by striking , or register a derivatives transaction execution facility ; and by striking , or registered as a derivatives transaction execution facility for, ; and in subclause (IV), by striking registered derivatives transaction execution facility, each place it appears; in clause (ii)— by striking subclause

(I)and inserting the following: the transaction is conducted on, or subject to, the rules of a board of trade that has been designated by the Commission as a contract market in the security futures product; or ; in subclause (II)— by striking

(II)the contract and inserting the following: the contract ; and by striking or registered derivatives transaction execution facility ; and in subclause (III)— by striking or registered derivatives transaction execution facility member ; and by striking

(III)the security and inserting the following: the security ; and in clause (vi)(III)(aa), by striking and registered derivatives transaction execution facilities ; and in paragraph (9)(B)(ii)— by striking or registration each place it appears; by striking or derivatives transaction execution facility each place it appears; in the second sentence, by striking or register ; and in the fourth sentence— by striking , registering, ; and by striking , registration ; and in subsection (c)(2), by striking or a derivatives transaction execution facility each place it appears. Section 4 of the Commodity Exchange Act ( 7 U.S.C. 6 ) is amended— in subsection (a)— in paragraph (1), by striking or derivatives transaction execution facility ; and in paragraph (3), by striking or derivatives transaction execution facility ; and in subsection (c)— in paragraph (1), in the matter preceding subparagraph (A), by striking or registered as a contract market or derivatives transaction execution facility and inserting as a contract market ; and in paragraph (2)(B)(ii), by striking “or derivatives transaction execution facility”. Section 4a of the Commodity Exchange Act ( 7 U.S.C. 6a ) is amended— in subsection (a)(1)— by striking or derivatives transaction execution facilities ; and by striking or derivatives transaction execution facility ; and in subsection (e)— by striking , derivatives transaction execution facility, each place it appears; and by striking or derivatives transaction execution facility . Section 4c(g) of the Commodity Exchange Act ( 7 U.S.C. 6c(g) ) is amended by striking or derivatives transaction execution facility each place it appears. Section 4d of the Commodity Exchange Act ( 7 U.S.C. 6d ) is amended by striking or derivatives transaction execution facility each place it appears. Section 4e of the Commodity Exchange Act ( 7 U.S.C. 6e ) is amended by striking or derivatives transaction execution facility . Section 4f of the Commodity Exchange Act ( 7 U.S.C. 6f ) is amended by striking or derivatives transaction execution facility each place it appears. Section 4i of the Commodity Exchange Act ( 7 U.S.C. 6i ) is amended in the matter preceding paragraph

(1)by striking or derivatives transaction execution facility . Section 4j of the Commodity Exchange Act ( 7 U.S.C. 6j ) is amended— in the section heading, by striking ; and registered derivatives transaction execution facilities in subsection (a), in the first sentence, by striking and registered derivatives transaction execution facility ; in subsection (b), in the matter preceding paragraph (1), by striking or registered derivatives transaction execution facility ; and in subsection (c), in the matter preceding paragraph (1), by striking or registered derivatives transaction execution facility members . Section 4k(5) of the Commodity Exchange Act ( 7 U.S.C. 6k(5) ) is amended, in the matter preceding subparagraph (A), by striking or registered derivatives transaction execution facility . Section 4 l of the Commodity Exchange Act (7 U.S.C. 6 l ) is amended by striking or registered derivatives transaction execution facilities each place it appears. Section 4p of the Commodity Exchange Act ( 7 U.S.C. 6p ) is amended— in subsection (a), in the third sentence, by striking contract markets, or derivatives transaction execution facilities and inserting or contract markets ; and in subsection (b), by striking derivatives transaction execution facility, . Section 5(e) of the Commodity Exchange Act ( 7 U.S.C. 7(e) ) is amended— by striking the subsection designation and heading and all that follows through a contract for in paragraph

(1)and inserting the following: A contract for ; and by striking paragraph (2). Section 5c of the Commodity Exchange Act ( 7 U.S.C. 7a–2 ) is amended— in subsection (b), by striking , derivatives transaction execution facility, each place it appears; and in subsection (f)— in the matter preceding paragraph (1), by striking and registered derivatives transaction execution facility ; and in paragraph (1), by striking or registered derivatives transaction execution facility . Section 6 of the Commodity Exchange Act is amended— by striking the section designation (42 Stat. 1001, chapter 39) and all that follows through Any person in subsection

(a)( 7 U.S.C. 8 ) and inserting the following: Any person ; in subsection

(a)( 7 U.S.C. 8 )— in the first sentence, by striking or registered as a contract market or derivatives transaction execution facility and inserting as a contract market ; and in the last sentence, by striking or register ; and in subsections

(a)and

(b)( 7 U.S.C. 8 )— by striking or derivatives transaction execution facility each place it appears; and by striking or registration each place it appears. Section 6a of the Commodity Exchange Act ( 7 U.S.C. 10a ) is amended— in subsection (a), by striking or registered as a contract market or a derivatives transaction execution facility exclude and inserting as a contract market shall exclude ; and in subsection (b)— by striking or registered ; and by striking or a derivatives transaction execution facility . Section 6d(1) of the Commodity Exchange Act ( 7 U.S.C. 13a–2(1) ) is amended by striking derivatives transaction execution facility, .

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