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Code · BILL · 116th Congress · H.R. 6197 (Introduced in House) — To reauthorize the Commodity Futures Trading Commission. · Sec. 114

Sec. 114. Proprietary information

233 words·~1 min read·/bill/116/hr/6197/ih/section-114

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Section 8 of the Commodity Exchange Act ( 7 U.S.C. 12 ), as amended by section 113 of this Act, is amended by adding at the end the following: For any proprietary information provided to the Commission, the Commission may, in its discretion, after notice and comment, adopt rules and regulations to apply any of the provisions of this section to such information it obtains or receives, as it deems necessary, to the extent such information is not already covered by the provisions of this section.
With regard to proprietary information it obtains or receives, the Commission shall adopt policies, as determined by the Commission, after notice and comment, to— address circumstances when the Commission requests proprietary information; safeguard the information, taking into consideration the level of sensitivity of the information; limit access to the information to appropriate staff, as determined by the Commission; and protect the information from unlawful use or disclosure.
To the extent the Commission adopts rules or regulations, pursuant to paragraph (1), regarding the sharing of such proprietary information with other governmental entities, the Commission shall receive assurances that such other governmental entity shall maintain sufficient safeguards consistent with— policies that achieve the objectives of subparagraphs (B), (C), and
(D)of paragraph
(2)of this subsection; and the limitations set forth in paragraphs (2), (3), and
(4)of subsection
(e)concerning the confidentiality of any such information received. .
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Sec. 114
Proprietary information
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