Page:United States Statutes at Large Volume 124.djvu/1827

 124 STAT. 1801 PUBLIC LAW 111–203—JULY 21, 2010 similar transfer or conveyance of, or extinguishing of rights or obligations under, a security-based swap, as the context may require.’’. (b) REGISTRATION OF SECURITY-BASED SWAPS.—Section 5 of the Securities Act of 1933 (15 U.S.C. 77e) is amended by adding at the end the following: ‘‘(d) Notwithstanding the provisions of section 3 or 4, unless a registration statement meeting the requirements of section 10(a) is in effect as to a security-based swap, it shall be unlawful for any person, directly or indirectly, to make use of any means or instruments of transportation or communication in interstate com- merce or of the mails to offer to sell, offer to buy or purchase or sell a security-based swap to any person who is not an eligible contract participant as defined in section 1a(18) of the Commodity Exchange Act (7 U.S.C. 1a(18)).’’. SEC. 769. DEFINITIONS UNDER THE INVESTMENT COMPANY ACT OF 1940. Section 2(a) of the Investment Company Act of 1940 (15 U.S.C. 80a–2) is amended by adding at the end the following: ‘‘(54) The terms ‘commodity pool’, ‘commodity pool operator’, ‘commodity trading advisor’, ‘major swap participant’, ‘swap’, ‘swap dealer’, and ‘swap execution facility’ have the same meanings as in section 1a of the Commodity Exchange Act (7 U.S.C. 1a).’’. SEC. 770. DEFINITIONS UNDER THE INVESTMENT ADVISERS ACT OF 1940. Section 202(a) of the Investment Advisers Act of 1940 (15 U.S.C. 80b–2) is amended by adding at the end the following: ‘‘(29) The terms ‘commodity pool’, ‘commodity pool operator’, ‘commodity trading advisor’, ‘major swap participant’, ‘swap’, ‘swap dealer’, and ‘swap execution facility’ have the same meanings as in section 1a of the Commodity Exchange Act (7 U.S.C. 1a).’’. SEC. 771. OTHER AUTHORITY. Unless otherwise provided by its terms, this subtitle does not divest any appropriate Federal banking agency, the Securities and Exchange Commission, the Commodity Futures Trading Commis- sion, or any other Federal or State agency, of any authority derived from any other provision of applicable law. SEC. 772. JURISDICTION. (a) IN GENERAL.—Section 36 of the Securities Exchange Act of 1934 (15 U.S.C. 78mm) is amended by adding at the end the following: ‘‘(c) DERIVATIVES.—Unless the Commission is expressly author- ized by any provision described in this subsection to grant exemp- tions, the Commission shall not grant exemptions, with respect to amendments made by subtitle B of the Wall Street Transparency and Accountability Act of 2010, with respect to paragraphs (65), (66), (68), (69), (70), (71), (72), (73), (74), (75), (76), and (79) of section 3(a), and sections 10B(a), 10B(b), 10B(c), 13A, 15F, 17A(g), 17A(h), 17A(i), 17A(j), 17A(k), and 17A(l); provided that the Commis- sion shall have exemptive authority under this title with respect to security-based swaps as to the same matters that the Commodity 15 USC 8344.