7 U.S.C. § 6t
Large swap trader reporting
United States · Title 7 — AGRICULTURE · Status: effective
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- Citation
- 7 U.S.C. § 6t, Large swap trader reporting, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/428432
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Full text
Except as provided in paragraph (2), it shall be unlawful for any person to enter into any swap that the Commission determines to perform a significant price discovery function with respect to registered entities if—
Paragraph (1) shall not apply if—
Books and records described in subsection (a)(2)(B) shall—
Nothing in paragraph (1) shall affect the exclusive jurisdiction of the Commission to prescribe recordkeeping and reporting requirements for large swap traders under this section.
For purposes of this section, the swaps, futures, and cash or spot transactions and positions of any person shall include the swaps, futures, and cash or spot transactions and positions of any persons directly or indirectly controlled by the person.
In making a determination as to whether a swap performs or affects a significant price discovery function with respect to registered entities, the Commission shall consider the factors described in section 6a(a)(3) of this title.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Dodd-Frank Wall Street Reform and Consumer Protection Act