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U.S. Code as of:
01/03/05
Section 5. Findings and purpose
(a) Findings
The transactions subject to this chapter are entered into
regularly in interstate and international commerce and are affected
with a national public interest by providing a means for managing
and assuming price risks, discovering prices, or disseminating
pricing information through trading in liquid, fair and financially
secure trading facilities.
(b) Purpose
It is the purpose of this chapter to serve the public interests
described in subsection (a) of this section through a system of
effective self-regulation of trading facilities, clearing systems,
market participants and market professionals under the oversight of
the Commission. To foster these public interests, it is further the
purpose of this chapter to deter and prevent price manipulation or
any other disruptions to market integrity; to ensure the financial
integrity of all transactions subject to this chapter and the
avoidance of systemic risk; to protect all market participants from
fraudulent or other abusive sales practices and misuses of customer
assets; and to promote responsible innovation and fair competition
among boards of trade, other markets and market participants.
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