Memorandum
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(a)
(1) The Commodity Futures Trading Commission and the Federal Energy Regulatory Commission shall, not later than 180 days after July 21, 2010, negotiate a memorandum of understanding to establish procedures for—
(A)
applying their respective authorities in a manner so as to ensure effective and efficient regulation in the public interest;
(B)
resolving conflicts concerning overlapping jurisdiction between the 2 agencies; and
(C)
avoiding, to the extent possible, conflicting or duplicative regulation.