15 USC 8342 - Savings clause

Collapse to view only § 8342. Savings clause

§ 8341. Authority to further define terms
§ 8342. Savings clause
§ 8343. Rulemaking on conflict of interest
§ 8344. Other authority

§ 8341. Authority to further define terms

The Securities and Exchange Commission may, by rule, further define—

(1) the term “commercial risk”;

(2) any other term included in an amendment to the Securities Exchange Act of 1934 1

1 So in original. Probably should be “section 3(a) of the Securities Exchange Act of 1934”.

(15 U.S.C. 78c(a)) made by this subtitle; and

(3) the terms “security-based swap”, “security-based swap dealer”, “major security-based swap participant”, and “eligible contract participant”, with regard to security-based swaps (as such terms are defined in the amendments made by subsection (a)) for the purpose of including transactions and entities that have been structured to evade this subtitle or the amendments made by this subtitle.

(Pub. L. 111–203, title VII, § 761(b), July 21, 2010, 124 Stat. 1759.)

§ 8342. Savings clause

Notwithstanding any other provision of this title,1

1 See References in Text note below.

nothing in this subtitle shall be construed as divesting any appropriate Federal banking agency of any authority it may have to establish or enforce, with respect to a person for which such agency is the appropriate Federal banking agency, prudential or other standards pursuant to authority by Federal law other than this title.1

(Pub. L. 111–203, title VII, § 764(b), July 21, 2010, 124 Stat. 1796.)

§ 8343. Rulemaking on conflict of interest

(a) In general

(b) Purposes

(Pub. L. 111–203, title VII, § 765, July 21, 2010, 124 Stat. 1796.)

§ 8344. Other authority

Unless otherwise provided by its terms, this subtitle does not divest any appropriate Federal banking agency, the Securities and Exchange Commission, the Commodity Futures Trading Commission, or any other Federal or State agency, of any authority derived from any other provision of applicable law.

(Pub. L. 111–203, title VII, § 771, July 21, 2010, 124 Stat. 1801.)