15 U.S.C. · Commerce and Trade
15 U.S.C. § 8308

Memorandum

Ch. 109 — WALL STREET TRANSPARENCY AND ACCOUNTABILITY
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 109
Statutory Text

15 U.S.C. § 8308 — Memorandum

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 109 - WALL STREET TRANSPARENCY AND ACCOUNTABILITY SUBCHAPTER I - REGULATION OF OVER-THE-COUNTER SWAPS MARKETS Part A - Regulatory Authority Sec. 8308 - Memorandum From the U.S. Government Publishing Office, www.gpo.gov

§8308. Memorandum

(a)(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.)

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 15 U.S.C. § 8308 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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