Propose a change

The Central Counterparties (Equivalence) (United States of America) (Commodity Futures Trading Commission) Regulations 2023

Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.

Change 1

What to do with it
As published

1 Citation, commencement, extent and interpretation

(1) These Regulations may be cited as the Central Counterparties (Equivalence) (United States of America) (Commodity Futures Trading Commission) Regulations 2023. (2) These Regulations come into force on 28th December 2023. (3) These Regulations extend to England and Wales, Scotland and Northern Ireland. (4) In these Regulations— “CFTC” means the Commodity Futures Trading Commission of the United States of America; “CFTC-authorised CCP” means a CCP that— is established in the United States of America, is registered as a derivatives clearing organisation with, and supervised by, the CFTC, and has either— been designated by the Financial Stability Oversight Council of the United States of America as systemically important, or elected to become subject to the provisions of Subpart C of Part 39 of Title 17 of the United States of America Code of Federal Regulations; “EMIR” means Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories.

Your change, as a redline

1 Citation, commencement, extent and interpretation

(1) These Regulations may be cited as the Central Counterparties (Equivalence) (United States of America) (Commodity Futures Trading Commission) Regulations 2023. (2) These Regulations come into force on 28th December 2023. (3) These Regulations extend to England and Wales, Scotland and Northern Ireland. (4) In these Regulations— “CFTC” means the Commodity Futures Trading Commission of the United States of America; “CFTC-authorised CCP” means a CCP that— is established in the United States of America, is registered as a derivatives clearing organisation with, and supervised by, the CFTC, and has either— been designated by the Financial Stability Oversight Council of the United States of America as systemically important, or elected to become subject to the provisions of Subpart C of Part 39 of Title 17 of the United States of America Code of Federal Regulations; “EMIR” means Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories.

One line that says what changes, such as "Halve the dog tax".

Who it helps, what it costs, what it fixes. It is what persuades people to support it.

How this law is officially changed

Solon does not know this law's official route yet. The proposal is recorded all the same, and the route appears here once its source is added.

A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.

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Think it through

Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.

Questions to start with
Think it through
Legal information from the published text, not advice for your case. Check the sources. Find a law · What the register holds