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6 [Explanation: Section 5004 ofthe "Private Fund Investment Advisers Registration Act of
7 2009" includes, among other things, a savings clause providing that the legislation does not
8 prevent the SEC from complying with a request from any other Federal department or agency
9 requesting a report or information for purposes within the scope ofits jurisdiction. Given the
10 quantity ofnew information that will be available to the SEC with respect to hedge funds, the
11 amendment proposed below would affirmatively require the SEC to share information with other
12 Federal agencies even in the absence ofsuch a request whenever the SEC determines that such
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16 "(8) The Commission shall promptly provide any information filed with or
18 investment adviser under section 204(b), including registration information, upon request
19 made by any department or agency of the Government of the United States acting within
20 the scope of its jurisdiction. Whenever the Commission determines that such information
21 may be appropriate for use by any department or agency of the Government of the United
22 States, the Commission shall promptly provide such information without request."
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CFTC-CREW-0413
1 COMMODITY EXCHANGE ACT UNAFFECTED BY
4 [Explanation: The amendment proposed below would add a savings clause to clarify that
5 mandatory hedge fund adviser registration under the securities laws will not relieve hedge funds
11 "(2) Nothing in this Act shall relieve any person of any obligation or duty, or
12 affect the availability of any right or remedy available to the Commodity Futures Trading
13 Commission or any private party arising under the Commodity Exchange Act (7 U.S.C. 1
15 advisors."
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CFTC-CREW-0414