§ 8308. Memorandum

183 words·~1 min read·/usc/title-15/section-8308

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(1)The Commodity Futures Trading Commission and the Federal Energy Regulatory Commission shall, not later than 180 days after July 21, 2010, negotiate a memorandum of understanding to establish procedures for—

(A)applying their respective authorities in a manner so as to ensure effective and efficient regulation in the public interest;

(B)resolving conflicts concerning overlapping jurisdiction between the 2 agencies; and

(C)avoiding, to the extent possible, conflicting or duplicative regulation.

(2)Such memorandum and any subsequent amendments to the memorandum shall be promptly submitted to the appropriate committees of Congress.

(b)The Commodity Futures Trading Commission and the Federal Energy Regulatory Commission shall, not later than 180 days after July 21, 2010, negotiate a memorandum of understanding to share information that may be requested where either Commission is conducting an investigation into potential manipulation, fraud, or market power abuse in markets subject to such Commission’s regulation or oversight. Shared information shall remain subject to the same restrictions on disclosure applicable to the Commission initially holding the information.

(Pub. L. 111–203, title VII, § 720, July 21, 2010, 124 Stat. 1657.)

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Notices
Notice of proposed order and request for comment

statute-compilations

Sec. 720
MEMORANDUM

statutes-at-large

Public Law 111–203
To promote the financial stability of the United States by improving accountability and transparency in the financial system, to end “too big to fail”, to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes

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Pub. L. 111–203, title VII, § 720
124 Stat. 1657

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§ 8308

Memorandum

Fed. Reg.×1

Stat. Comp.×1

Stat.×1

Pub. L.Pub. L. 111–203, title VII, § 720

Stat.124 Stat. 1657

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