International harmonization — Us Code Code § 8325
Us Code Code § 8325 — International harmonization. Reproduced from the official United States Code, with a citation summary, verification link, and related provisions.
§ 8325. International harmonization
(a) In order to promote effective and consistent global regulation of swaps and security-based swaps, the Commodity Futures Trading Commission, the Securities and Exchange Commission, and the prudential regulators (as that term is defined in section 1a(39) of title 7), as appropriate, shall consult and coordinate with foreign regulatory authorities on the establishment of consistent international standards with respect to the regulation (including fees) of swaps, security-based swaps, swap entities, and security-based swap entities and may agree to such information-sharing arrangements as may be deemed to be necessary or appropriate in the public interest or for the protection of investors, swap counterparties, and security-based swap counterparties.
(b) In order to promote effective and consistent global regulation of contracts of sale of a commodity for future delivery and options on such contracts, the Commodity Futures Trading Commission shall consult and coordinate with foreign regulatory authorities on the establishment of consistent international standards with respect to the regulation of contracts of sale of a commodity for future delivery and options on such contracts, and may agree to such information-sharing arrangements as may be deemed necessary or appropriate in the public interest for the protection of users of contracts of sale of a commodity for future delivery.
(Pub. L. 111–203, title VII, §752, July 21, 2010, 124 Stat. 1749.)
Statutory Notes and Related Subsidiaries
Definition
For definition of "including" as used in this section, see section 5301 of Title 12, Banks and Banking.
SUBCHAPTER II—REGULATION OF SECURITY-BASED SWAP MARKETS
About This Section
15 U.S.C. § 8325 is part of Title 15 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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