Sec. 406. Clarifications of retail foreign currency
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/bill/114/s/2917/pcs/section-406A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 2(c)(2) of the Commodity Exchange Act ( 7 U.S.C. 2(c)(2) ) is amended— in subparagraph (B)— by striking
(gg)each place it appears and inserting
(ee); in clause (i)(II), by redesignating item
(ff)as item (ee); in clause (iii), by striking item (aa), (bb), (ee), or
(ff)of clause (i)(II) of this subparagraph and inserting item (aa), (bb), or
(dd)of clause (i)(II) ; and in clause (iv)— in subclauses
(I)and (II), by striking (ee), or
(ff)each place it appears and inserting or
(dd); in subclause (I)(bb), by inserting , or otherwise act as a commodity trading advisor with respect to any agreement, contract, or transaction described in clause
(i)before the semicolon; and in subclause (IV)(aa), by striking
(ff)and inserting
(dd); and in subparagraph (C)— by striking (ee), or
(ff)each place it appears and inserting or
(dd); by striking item
(aa)through
(ff)each place it appears and inserting items
(aa)through
(dd); and in clause (iii)(I)(bb), by inserting , or otherwise act as a commodity trading advisor with respect to any agreement, contract, or transaction described in clause
(i)before the semicolon.
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Sec. 406
Clarifications of retail foreign currency
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