Sec. 403. Elimination of obsolete references to electronic trading 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 (18)(A)(x), by striking (other than an electronic trading facility with respect to a significant price discovery contract) ; and in paragraph (40)— in subparagraph (D), by adding and at the end; in subparagraph (E), by striking ; and at the end and inserting a period; and by striking subparagraph (F). Section 2(a)(1)(A) of the Commodity Exchange Act ( 7 U.S.C. 2(a)(1)(A) ) is amended in the first sentence by striking (including significant price discovery contracts) .

Section 4a of the Commodity Exchange Act ( 7 U.S.C. 6a ) (as amended by section 402(d)) is amended— in subsection (b)— in paragraph (1), by striking with respect to a significant price discovery contract ; and in paragraph (2), by striking any contract and all that follows through price discovery contract and inserting any contract market or swap execution facility ; and in subsection (e)— in the first sentence— by striking or by any electronic trading facility ; by striking or on an electronic trading facility ; and by striking or electronic trading facility each place it appears; and in the second sentence, by striking or electronic trading facility with respect to a significant price discovery contract .

Section 4g(a) of the Commodity Exchange Act ( 7 U.S.C. 6g(a) ) is amended by striking and in any significant price discovery contract traded or executed on an electronic trading facility or any agreement, contract, or transaction that is treated by a derivatives clearing organization, whether registered or not registered, as fungible with a significant price discovery contract; . Section 4i of the Commodity Exchange Act ( 7 U.S.C. 6i ) is amended in the matter preceding paragraph

(1)by striking , or any significant price discovery contract traded or executed on an electronic trading facility or any agreement, contract, or transaction that is treated by a derivatives clearing organization, whether registered or not registered, as fungible with a significant price discovery contract . Section 5c(b) of the Commodity Exchange Act ( 7 U.S.C. 7a–2(b) ) (as amended by section 402(o)) is amended— in paragraph (1)— by striking or electronic trading facility with respect to a significant price discovery contract ; and by striking that is not an electronic trading facility ; in paragraph (2), by striking or electronic trading facility ; and in paragraph (3), by striking or electronic trading facility . Section 6(b) of the Commodity Exchange Act ( 7 U.S.C. 8(b) ) is amended by striking or electronic trading facility each place it appears. Section 12(e)(2) of the Commodity Exchange Act ( 7 U.S.C. 16(e)(2) ) is amended by striking in the case of— and all that follows through the period at the end and inserting the following: in the case of an agreement, contract, or transaction that is excluded from this Act under subsection

(c)or

(f)of section 2 of this Act or title IV of the Commodity Futures Modernization Act of 2000 (as enacted by section 1(a)(5) of the Consolidated Appropriations Act, 2001 ( . Public Law 106–554 ; 114 Stat. 2763, 2763A–457)), or exempted under section 4(c) (regardless of whether any such agreement, contract, or transaction is otherwise subject to this Act).

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