Sec. 106. Office of the Chief Economist
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/bill/116/hr/6197/ih/section-106·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 2(a) of the Commodity Exchange Act, as amended by sections 104 and 105 of this Act, is amended by adding at the end the following: There is established in the Commission the Office of the Chief Economist. The Office of the Chief Economist shall be headed by the Chief Economist. The Chief Economist shall serve as economic advisor to the Commission and perform functions such as economic analysis, regulatory cost-benefit analysis, and research. The Commission shall appoint such other economists and any related positions as may be necessary for the Office of the Chief Economist— in accordance with the statutes, rules, and regulations governing appointments in the excepted service; and notwithstanding any statutes, rules, and regulations governing appointments in the competitive service.
The appointment of a candidate to a position under authority of this subsection shall not be considered to cause such position to be converted from the competitive service to the excepted service. . Section 15(a) of such Act ( 7 U.S.C. 19(a) ) is amended— in paragraph (1), by inserting , after coordinating with the Office of the Chief Economist, before shall ; in paragraph (2)(B), by striking futures markets and inserting markets under the jurisdiction of the Commission ; in paragraph (2), by redesignating subparagraphs
(D)and
(E)as subparagraphs
(E)and (F); and in paragraph (2), by inserting after subparagraph
(C)the following: considerations of market liquidity; .
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Sec. 106
Office of the Chief Economist
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