broker

(E)The term “broker” does not include a bank that— (i)was, on the day before, subject to section 78o(e) of this title; and (ii)is subject to such restrictions and requirements as the Commission considers appropriate. (F)The Commission and the Board of Governors of the Federal Reserve System shall jointly adopt a single set of rules or regulations to implement the exceptions in subparagraph (B).

Source

15 USC § 78c(a)(4)(E)


Scoping language

When used in this chapter
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