Title 15 — Commerce and TradeRelease 119-73

§8308 Memorandum

Title 15 › Chapter CHAPTER 109— - WALL STREET TRANSPARENCY AND ACCOUNTABILITY › Subchapter SUBCHAPTER I— - REGULATION OF OVER-THE-COUNTER SWAPS MARKETS › Part Part A— - Regulatory Authority › § 8308

Last updated Apr 6, 2026|Official source

Summary

Within 180 days after July 21, 2010, CFTC and FERC must make an agreement on how to use their powers to ensure effective, efficient regulation, resolve overlaps, and avoid conflicting or duplicate rules. They must promptly send the agreement and any changes to congressional committees. They must also agree, in the same period, to share investigation information about manipulation, fraud, or abuse of market power while keeping the same disclosure limits.

Full Legal Text

Title 15, §8308

Commerce and Trade — Source: USLM XML via OLRC

(a)(1)The Commodity Futures Trading Commission and the Federal Energy Regulatory Commission shall, not later than 180 days after July 21, 2010, negotiate a memorandum of understanding to establish procedures for—

(A)applying their respective authorities in a manner so as to ensure effective and efficient regulation in the public interest;

(B)resolving conflicts concerning overlapping jurisdiction between the 2 agencies; and

(C)avoiding, to the extent possible, conflicting or duplicative regulation.

(2)Such memorandum and any subsequent amendments to the memorandum shall be promptly submitted to the appropriate committees of Congress.

(b)The Commodity Futures Trading Commission and the Federal Energy Regulatory Commission shall, not later than 180 days after July 21, 2010, negotiate a memorandum of understanding to share information that may be requested where either Commission is conducting an investigation into potential manipulation, fraud, or market power abuse in markets subject to such Commission’s regulation or oversight. Shared information shall remain subject to the same restrictions on disclosure applicable to the Commission initially holding the information.

Reference

Citations & Metadata

Citation

15 U.S.C. § 8308

Title 15 — Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73