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Code · BILL · 119th Congress · H.R. 3633 (Engrossed in House) — To provide for a system of regulation of the offer and sale of digital commodities by the Securities and Exchange Com... · Sec. 307

Sec. 307. Additional registrations with the Commodity Futures Trading Commission

162 words·~1 min read·/bill/119/hr/3633/eh/section-307

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Section 15 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78o ) is amended by adding at the end the following: A registered broker or registered dealer shall be permitted to maintain a registration with the Commodity Futures Trading Commission as a digital commodity broker or digital commodity dealer. A national securities exchange or affiliate thereof shall be permitted to maintain a registration with the Commodity Futures Trading Commission as a digital commodity exchange.
An alternative trading system, and the operator thereof, shall be permitted to maintain a registration with the Commodity Futures Trading Commission as a digital commodity exchange. Any person or entity described in paragraph
(1)through
(3)shall provide to the Securities and Exchange Commission, at such time and in such form and manner as the Securities and Exchange Commission shall prescribe, notice of any application to register with the Commodity Futures Trading Commission as a digital commodity broker, digital commodity dealer, or digital commodity exchange. .
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Sec. 307
Additional registrations with the Commodity Futures Trading Commission
U.S.C.§ 78o
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