Sec. 408. Registration of commodity pool operators and commodity trading advisors
154 words·~1 min read·
/bill/119/hr/3633/rh/section-408A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 4m(3) of the Commodity Exchange Act ( 7 U.S.C. 6m(3) ) is amended— in subparagraph (A)— by striking any commodity trading advisor and inserting a commodity pool operator or commodity trading advisor ; and by striking acting as a commodity trading advisor and inserting acting as a commodity pool operator or commodity trading advisor ; and in subparagraph (C), by inserting digital commodities, after physical commodities, . Section 4m of such Act ( 7 U.S.C. 6m ) is amended by adding at the end the following:
The Commission shall promulgate rules to provide appropriate exemptions for commodity pool operators and commodity trading advisors, to provide relief from duplicative, conflicting, or unduly burdensome requirements or to promote responsible innovation, to the extent the exemptions foster the development of fair and orderly cash or spot digital commodity markets, are necessary or appropriate in the public interest, and are consistent with the protection of customers. .
Connectionstraces to 1
Citation graph
cites case law
Sec. 408
Registration of commodity pool operators and commodity trading advisors
Cites 1Cited by 0 across 0 sources