Page:United States Statutes at Large Volume 124.djvu/1667

 124 STAT. 1641 PUBLIC LAW 111–203—JULY 21, 2010 period the following: ‘‘, other than credit card loans that are made to businesses that meet the criteria for a small business concern to be eligible for business loans under regulations established by the Small Business Administration under part 121 of title 13, Code of Federal Regulations’’. TITLE VII—WALL STREET TRANSPARENCY AND ACCOUNTABILITY SEC. 701. SHORT TITLE. This title may be cited as the ‘‘Wall Street Transparency and Accountability Act of 2010’’. Subtitle A—Regulation of Over-the- Counter Swaps Markets PART I—REGULATORY AUTHORITY SEC. 711. DEFINITIONS. In this subtitle, the terms ‘‘prudential regulator’’, ‘‘swap’’, ‘‘swap dealer’’, ‘‘major swap participant’’, ‘‘swap data repository’’, ‘‘associ- ated person of a swap dealer or major swap participant’’, ‘‘eligible contract participant’’, ‘‘swap execution facility’’, ‘‘security-based swap’’, ‘‘security-based swap dealer’’, ‘‘major security-based swap participant’’, and ‘‘associated person of a security-based swap dealer or major security-based swap participant’’ have the meanings given the terms in section 1a of the Commodity Exchange Act (7 U.S.C. 1a), including any modification of the meanings under section 721(b) of this Act. SEC. 712. REVIEW OF REGULATORY AUTHORITY. (a) CONSULTATION.— (1) COMMODITY FUTURES TRADING COMMISSION.—Before commencing any rulemaking or issuing an order regarding swaps, swap dealers, major swap participants, swap data repositories, derivative clearing organizations with regard to swaps, persons associated with a swap dealer or major swap participant, eligible contract participants, or swap execution facilities pursuant to this subtitle, the Commodity Futures Trading Commission shall consult and coordinate to the extent possible with the Securities and Exchange Commission and the prudential regulators for the purposes of assuring regu- latory consistency and comparability, to the extent possible. (2) SECURITIES AND EXCHANGE COMMISSION.—Before com- mencing any rulemaking or issuing an order regarding security- based swaps, security-based swap dealers, major security-based swap participants, security-based swap data repositories, clearing agencies with regard to security-based swaps, persons associated with a security-based swap dealer or major security- based swap participant, eligible contract participants with regard to security-based swaps, or security-based swap execu- tion facilities pursuant to subtitle B, the Securities and Exchange Commission shall consult and coordinate to the 15 USC 8302. 15 USC 8301. 15 USC 8301 note. Wall Street Transparency and Accountability Act of 2010.