§3411 — Title 15 Commerce and Trade | U.S. Code

Summary

Unless another part says otherwise, the Commission must run this chapter and can take needed actions, including enforcement, and make, change, or cancel rules and orders to do its job. It can also set definitions for accounting, technical, and trade terms used here, but those must match the chapter’s definitions.

Title 15, §3411

Commerce and Trade — Source: USLM XML via OLRC

(a)Except where expressly provided otherwise, the Commission shall administer this chapter. The Commission, or any other Federal officer or agency in which any function under this chapter is vested or delegated, is authorized to perform any and all acts (including any appropriate enforcement activity), and to prescribe, issue, amend, and rescind such rules and orders as it may find necessary or appropriate to carry out its functions under this chapter.

(b)Except where otherwise expressly provided, the Commission is authorized to define, by rule, accounting, technical, and trade terms used in this chapter. Any such definition shall be consistent with the definitions set forth in this chapter.

Notes & Related Subsidiaries

Editorial Notes

Amendments

1989—Subsec. (c). Pub. L. 101–60 struck out subsec. (c) which authorized Commission to delegate to any State agency (with consent of such agency) any of its functions with respect to section 3315, 3316(b), and 3319(a)(1) and (3) of this title.

Statutory Notes and Related Subsidiaries

Effective Date

of 1989 AmendmentAmendment by Pub. L. 101–60 effective Jan. 1, 1993, see section 3(b) of Pub. L. 101–60, set out as a note under section 3372 of this title.

§3411 General rulemaking authority