Sec. 301. Treatment of digital commodities and permitted payment stablecoins
294 words·~1 min read·
/bill/119/hr/3633/rh/section-301A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 2(a)(1) of the Securities Act of 1933 ( 15 U.S.C. 77b(a)(1) ) is amended by adding at the end the following: The term does not include a digital commodity or permitted payment stablecoin. . Section 3(a)(10) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c(a) ) is amended by adding at the end the following: The term does not include a digital commodity or permitted payment stablecoin. Section 202(a) of the Investment Advisers Act of 1940 ( 15 U.S.C. 80b–2(a) ) is amended— in paragraph (18), by adding at the end the following: The term does not include a digital commodity or permitted payment stablecoin. ; by redesignating the second paragraph
(29)(relating to commodity pools) as paragraph (31); and by adding at the end, the following: The terms digital commodity and permitted payment stablecoin have the meaning given those terms, respectively, under section 2(a) of the Securities Act of 1933 ( 15 U.S.C. 77b(a) ). . Section 2(a) of the Investment Company Act of 1940 ( 15 U.S.C. 80a–2 ) is amended— in paragraph (36), by adding at the end the following: The term does not include a digital commodity or permitted payment stablecoin. ; and by adding at the end, the following: The terms digital commodity and permitted payment stablecoin have the meaning given those terms, respectively, under section 2(a) of the Securities Act of 1933 ( 15 U.S.C. 77b(a) ). . Section 16(14) of the Securities Investor Protection Act of 1970 ( 15 U.S.C. 78lll(14) ) is amended by adding at the end the following: The term does not include a digital commodity or permitted payment stablecoin, as such terms are defined, respectively, under section 2(a) of the Securities Act of 1933 ( . 15 U.S.C. 77b(a) )
Connectionstraces to 3
2 references not yet in our index
- 15 USC 80b–2(a)
- 15 USC 80a–2
Citation graph
cites case law
Sec. 301
Treatment of digital commodities and permitted payment stablecoins
Cite15 USC 80b–2(a)
Cite15 USC 80a–2
Cites 5Cited by 0 across 0 sources