Over-the-Counter Derivatives Systemic Risk Reduction Act of 2000

[AI summary unavailable — showing source text] Over-the-Counter Derivatives Systemic Risk Reduction Act of 2000 - States that the operation of a multilateral clearing organization for over-the-counter derivative instruments is limited to: (1) banks; and (2) certain corporations chartered under the Federal Reserve Act. Sets forth rules of construction to emphasize that the Commodity Futures Trading Commission and the Securities and Exchange Commission retain their inherent jurisdiction over the trading and clearing activities within their respective purviews. States that a multilateral clearing organization under the jurisdiction of the Board of Governors of the Federal Reserve System (the Board) or the Comptroller of the Currency does not fall within the jurisdiction of any other Federal entity as a result of clearing any over-the-counter derivative instrument. States that no over-the-counter instrument to which a financial institution is a party shall be subject to rescission or held unenforceable based solely on the regulatory status or jurisdiction over such instrument under Federal or State law. Provides that an over-the-counter instrument does not fall within the purview of the Commodity Exchange Act as a consequence of be…