Page:United States Statutes at Large Volume 114 Part 5.djvu/445

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

PUBLIC LAW 106-554—APPENDIX E 114 STAT. 2763A-405 on Agriculture, Nutrition, and Forestry of the Senate a report on the steps it has taken to implement this section and on the activities of contract markets pursuant to this section.". SEC. 122. RULE OF CONSTRUCTION. Except as expressly provided in this Act or an amendment made by this Act, nothing in this Act or an amendment made by this Act supersedes, affects, or otherwise limits or expands the scope and applicability of laws governing the Securities and Exchange Commission. SEC. 123. TECHNICAL AND CONFORMING AMENDMENTS. (a) COMMODITY EXCHANGE ACT. — (1) Section la of the Commodity Exchange Act (7 U.S.C. la) (as amended by section 101) is amended— (A) in paragraphs (5), (6), (16), (17), (20), and (23), by inserting "or derivatives transaction execution facility" after "contract market" each place it appears; and (B) in paragraph (24)— (i) in the paragraph heading, by striking "CON- TRACT MARKET" and inserting "REGISTERED ENTITY"; (ii) by striking "contract market" each place it appears and inserting "registered entity"; and (iii) by adding at the end the following: "A participant in an alternative trading system that is designated as a contract market pursuant to section 5f is deemed a member of the contract market for purposes of transactions in security futures products through the contract market.". (2) Section 2 of the Commodity Exchange Act (7 U.S.C. 2, 2a, 4, 4a, 3) is amended— (A) by striking "SEC 2. (a)(l)(A)(i) The" and inserting the following: "SEC. 2. JURISDICTION OF COMMISSION; LIABILITY OF PRINCIPAL FOR ACT OF AGENT; COMMODITY FUTURES TRADING COMMIS- SION; TRANSACTION IN INTERSTATE COMMERCE. "(a) JURISDICTION OF COMMISSION; COMMODITY FUTURES TRAD- ING COMMISSION.— "(1) JURISDICTION OF COMMISSION. — "(A) IN GENERAL. — The"; and (B) in subsection (a)(1)— (i) in subparagraph (A) (as amended by subparagraph (A) of this paragraph)— (I) by striking "subparagraph (B) of this subparagraph" and inserting "subparagraphs (C) and (D) of this paragraph and subsections (c) through (i) of this section"; (II) by striking "contract market designated pursuant to section 5 of this Act" and inserting "contract market designated or derivatives transaction execution facility registered pursuant to section 5 or 5a"; (III) by striking clause (ii); and (IV) in clause (iii), by striking "(iii) The" and inserting the following: "(B) LIABILITY OF PRINCIPAL FOR ACT OF AGENT.—The"; and (ii) in subparagraph (B)—