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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 8321 Authority to define terms us united_states_code code_section 15 COMMERCE AND TRADE 109 WALL STREET TRANSPARENCY AND ACCOUNTABILITY 8321 15 U.S.C. § 8321 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s8321 data/legal/raw/us/code/title-15/usc15.xml 55f2697b8821f58e2802674e5abf1ea95139b4a5bf5f0821d9a70470ce9df6a3 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 9d3c0c3dce8f314aad11ffc608863fccc84018558b038fe4bc409ad897b2ad60 2026-07-04 official
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15 U.S.C. § 8321 - Authority to define terms

Text

(a) Authority to define terms The Commodity Futures Trading Commission may adopt a rule to define—

(1) the term “commercial risk”; and

(2) any other term included in an amendment to the Commodity Exchange Act (7 U.S.C. 1 et seq.) made by this subtitle.

(b) Modification of definitions To include transactions and entities that have been structured to evade this subtitle (or an amendment made by this subtitle), the Commodity Futures Trading Commission shall adopt a rule to further define the terms “swap”, “swap dealer”, “major swap participant”, and “eligible contract participant”.

(Pub. L. 111203, title VII, § 721(b), (c), July 21, 2010, 124 Stat. 1670.)

Notes

Editorial Notes

References in TextThis subtitle, referred to in text, is subtitle A (§§ 711754) of title VII of Pub. L. 111203, July 21, 2010, 124 Stat. 1641, which enacted this subchapter, section 78c2 of this title, and sections 1b, 6b1, 6r to 6t, 7b3, 24a, and 26 of Title 7, Agriculture, amended sections 78f, 78o, and 78s of this title, sections 1a, 2, 6 to 6b, 6c, 6d, 6m, 6q, 6s, 7 to 7b, 8 to 9a, 12, 12a, 13, 131, 13a1, 13b, 15, 16, 21, 24, 25, 27 to 27b, 27e, and 27f of Title 7, section 761 of Title 11, Bankruptcy, and sections 4421 and 4422 of Title 12, Banks and Banking, enacted provisions set out as notes under sections 1a, 2, 6a, 7a1, 7a3, and 9 of Title 7, and amended provisions set out as a note under section 78c of this title. For complete classification of subtitle A to the Code, see Tables. The Commodity Exchange Act, referred to in subsec. (a)(2), is act Sept. 21, 1922, ch. 369, 42 Stat. 998, which is classified generally to chapter 1 (§ 1 et seq.) of Title 7, Agriculture. For complete classification of this Act to the Code, see section 1 of Title 7 and Tables.

Codification Section is comprised of subsecs. (b) and (c) of section 721 of Pub. L. 111203, which were redesignated as subsecs. (a) and (b), respectively, of this section for purposes of codification.