swaps entity

(2) Swaps entity (A) In general The term “swaps entity” means any swap dealer, security-based swap dealer, major swap participant, major security-based swap participant, that is registered under— (i) the Commodity Exchange Act ( 7 U.S.C. 1 et seq.); or (ii) the Securities Exchange Act of 1934 ( 15 U.S.C. 78a et seq.). (B) Exclusion The term “swaps entity” does not include any major swap participant or major security-based swap participant that is an covered depository institution.

Source

15 USC § 8305(b)(2)


Scoping language

In this section
Is this correct? or