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period the following: ‘‘, other than credit card loans that are made to businesses that meet the criteria for a small business concern to be eligible for business loans under regulations established by the Small Business Administration under part 121 of title 13, Code of Federal Regulations’’.

TITLE VII—WALL STREET Wall Street
Transparency
TRANSPARENCY AND ACCOUNTABILITY and
Accountability
Act of 2010.
SEC. 701. SHORT TITLE. 15 USC 8301
note.
This title may be cited as the ‘‘Wall Street Transparency and
Accountability Act of 2010’’.

Subtitle A—Regulation of Over-the-
Counter Swaps Markets

PART I—REGULATORY AUTHORITY

SEC. 711. DEFINITIONS. 15 USC 8301.
In this subtitle, the terms ‘‘prudential regulator’’, ‘‘swap’’, ‘‘swap
dealer’’, ‘‘major swap participant’’, ‘‘swap data repository’’, ‘‘associ-
ated person of a swap dealer or major swap participant’’, ‘‘eligible
contract participant’’, ‘‘swap execution facility’’, ‘‘security-based
swap’’, ‘‘security-based swap dealer’’, ‘‘major security-based swap
participant’’, and ‘‘associated person of a security-based swap dealer
or major security-based swap participant’’ have the meanings given
the terms in section 1a of the Commodity Exchange Act (7 U.S.C.
1a), including any modification of the meanings under section 721(b)
of this Act.

SEC. 712. REVIEW OF REGULATORY AUTHORITY. 15 USC 8302.
(a) CONSULTATION.—
(1) COMMODITY FUTURES TRADING COMMISSION.—Before
commencing any rulemaking or issuing an order regarding
swaps, swap dealers, major swap participants, swap data
repositories, derivative clearing organizations with regard to
swaps, persons associated with a swap dealer or major swap
participant, eligible contract participants, or swap execution
facilities pursuant to this subtitle, the Commodity Futures
Trading Commission shall consult and coordinate to the extent
possible with the Securities and Exchange Commission and
the prudential regulators for the purposes of assuring regu-
latory consistency and comparability, to the extent possible.
(2) SECURITIES AND EXCHANGE COMMISSION.—Before com-
mencing any rulemaking or issuing an order regarding security-
based swaps, security-based swap dealers, major security-based
swap participants, security-based swap data repositories,
clearing agencies with regard to security-based swaps, persons
associated with a security-based swap dealer or major security-
based swap participant, eligible contract participants with

LAWS regard to security-based swaps, or security-based swap execu- tion facilities pursuant to subtitle B, the Securities and Exchange Commission shall consult and coordinate to thePUBLIC with on anorris VerDate Nov 24 2008 12:15 Aug 04, 2010 Jkt 089139 PO 00203 Frm 00267 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL203.111 APPS06 PsN: PUBL203