Section 4g(e) of the Commodity Exchange Act ( 7 U.S.C. 6g(e) ) is amended by striking the exchange and inserting each designated contract market and swap execution facility . 204. Flexibility for all registered entities (a) Section 5c(b) of the Commodity Exchange Act ( 7 U.S.C. 7a–2(b) ) is amended by striking contract market, derivatives transaction execution facility, or electronic trading facility each place it appears and inserting registered entity . (b) Section 5c(b)(1) of such Act ( 7 U.S.C. 7a–2(b)(1) ) is amended— (1) by striking (1) In general.— A and inserting the following: (1) Delegation (A) In general A