Pub. L. 93-463, tit. IV, sec. 403
Pub. L. 93-463, tit. IV, sec. 403
Sec. 403. Section 4a(1) of the Commodity Exchange Act, as amended (7 U.S.C. 6a), is amended by inserting, following the word “straddles” in the last sentence of such paragraph the words “or ‘arbitrage’” and by adding the following new sentences at the end of such paragraph: “The word ‘arbitrage’ in domestic markets shall be defined to mean the same as a ‘spread’ or ‘straddle’. The Commission is authorized to define the term ‘international arbitrage’.”