Sec. 6. Complaints against shipping exchanges
206 words·~1 min read·
/bill/119/hr/4183/ih/section-6A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 40504(c) of title 46, United States Code, is amended— in the subsection heading by inserting after and investigation ; Exemption by striking the period at the end and inserting ; and ; by striking may exempt and inserting the following: may— exempt ; and by adding at the end the following: investigate complaints submitted under section 40505. . Chapter 405 of title 46, United States Code, is amended by adding at the end the following: A person may submit to the Federal Maritime Commission, and the Commission shall accept, information concerning alleged incidents of market manipulation or other anticompetitive practices by shipping exchanges registered under section 40504.
Upon receipt of a submission of information under subsection (a), the Commission shall promptly investigate the accuracy of such information. The Commission shall submit to the Committee on Transportation and Infrastructure of the House of Representatives and the Committee on Commerce, Science, and Transportation of the Senate the results of any investigation in which the Commission finds incidents of market manipulation or anticompetitive practices by shipping exchanges registered under section 40504. .
The analysis for chapter 405 of title 46, United States Code, is amended by adding at the end the following: 40505. Complaints against shipping exchanges. .