114 STAT. 2763A-408 PUBLIC LAW 106-554—APPENDIX E (10) Section 41 of the Commodity Exchange Act (7 U.S.C. 61) is amended by inserting "or derivatives transaction execution facilities" after "contract markets" each place it appears. (11) Section 4p of the Commodity Exchange Act (7 U.S.C. 6p) is amended— (A) in the third sentence of subsection (a), by striking "Act or contract markets" and inserting "Act, contract markets, or derivatives transaction execution facilities"; and (B) in subsection (b), by inserting "derivatives transaction execution facility," after "contract market,". (12) Section 6 of the Commodity Exchange Act (7 U.S.C. 8, 9, 9a, 9b, 13b, 15) is amended— (A) in subsection (a)— (i) in the first sentence— (I) by striking "board of trade desiring to be designated a 'contract market' shall make application to the Commission for such designation" and inserting "person desiring to be designated or registered as a contract market or derivatives transaction execution facility shall make application to the Commission for the designation or registration"; (II) by striking "above conditions" and inserting "conditions set forth in this Act"; and (III) by striking "above requirements" and inserting "the requirements of this Act"; (ii) in the second sentence, by striking "designation as a contract market within one year" and inserting "designation or registration as a contract market or derivatives transaction execution facility within 180 days"; (iii) in the third sentence— (I) by striking "board of trade" and inserting "person"; and (II) by striking "one-year period" and inserting "180-day period"; and (iv) in the last sentence, by striking "designate as a 'contract market' any board of trade that has made application therefor, such board of trade" and inserting "designate or register as a contract market or derivatives transaction execution facility any person that has made application therefor, the person"; (B) in subsection (b)— (i) in the first sentence— (I) by striking "designation of any board of trade as a 'contract market' upon" and inserting "designation or registration of any contract market or derivatives transaction execution facility on"; (II) by striking "board of trade" each place it appears and inserting "contract market or derivatives transaction execution facility"; and (III) by striking "designation as set forth in section 5 of this Act" and inserting "designation or registration as set forth in sections 5 through 5b or section 5f'; (ii) in the second sentence—
�
