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Code · BILL · 119th Congress · S. 3755 (Reported in Senate) — To provide for a system of regulation of the offer and sale of digital commodities by the Commodity Futures Trading C... · Sec. 1

Sec. 1. Short title; table of contents

183 words·~1 min read·/bill/119/s/3755/rs/section-1

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This Act may be cited as the . Digital Commodity Intermediaries Act The table of contents for this Act is as follows: Sec. 1. Short title; table of contents. TITLE I—Definitions; rulemaking Sec. 101. Definitions under the Commodity Exchange Act. Sec. 102. Definitions under this Act. Sec. 103. Rulemakings. Sec. 104. Expeditied registration for digital commodity exchanges, brokers, and dealers; provisional status. Sec. 105. Commodity Exchange Act savings provisions. Sec. 106. Administrative requirements.
Sec. 107. International cooperation. Sec. 108. Implementation. Sec. 109. Effective date. Sec. 110. Sense of Congress. TITLE II—Registration for digital commodity intermediaries at the Commodity Futures Trading Commission Sec. 201. Commission jurisdiction over digital commodity transactions. Sec. 202. Requiring Futures Commission merchants to use qualified digital asset custodians. Sec. 203. Trading certification and approval for digital commodities. Sec. 204. Registration of digital commodity exchanges.
Sec. 205. Registration and regulation of digital commodity brokers and dealers. Sec. 206. Registration of associated persons. Sec. 207. Software developer protections. Sec. 208. Portfolio margining. Sec. 209. Clarification on customer property. Sec. 210. Resources for implementation. Sec. 211. Digital commodity retail advocate. Sec. 212. Report.
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