Title 15Commerce and TradeRelease 119-73

§8325 International harmonization

Title 15 › Chapter CHAPTER 109— - WALL STREET TRANSPARENCY AND ACCOUNTABILITY › Subchapter SUBCHAPTER I— - REGULATION OF OVER-THE-COUNTER SWAPS MARKETS › Part Part B— - Regulation of Swap Markets › § 8325

Last updated Apr 6, 2026|Official source

Summary

The Commodity Futures Trading Commission, the Securities and Exchange Commission, and the prudential regulators (defined elsewhere) must work with foreign regulators to set similar international rules for swaps, security-based swaps, and the firms that handle them, including rules about fees. They can also agree to share information with foreign regulators when needed to protect the public, investors, and swap counterparties. The Commodity Futures Trading Commission must also work with foreign regulators to set similar international rules for commodity futures contracts and options on those contracts. It may share information with foreign regulators when needed to protect users of those contracts and the public.

Full Legal Text

Title 15, §8325

Commerce and Trade — Source: USLM XML via OLRC

(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.

Legislative History

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Definition For definition of “including” as used in this section, see section 5301 of Title 12, Banks and Banking.

Reference

Citations & Metadata

Citation

15 U.S.C. § 8325

Title 15Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73