; (B) a member (as defined in section 3(a)(3)(B) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c(a)(3)(B) )) of a registered securities association; or (C) an associated person of a member (as defined in section 3(a) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78c(a) )) described in subparagraph (A) or (B). (2) Assignment The term assignment has the meaning given the term in section 2(a) of the Investment Company Act of 1940 (15 U.S.C. 80a– 2(a)). (3) Commerce The term commerce has the meaning given the term in section 4 of the Federal Trade Commission Act ( 15 U.S.C. 44 ). (4) Covered exchange The term covered exchange means— (A) the Shanghai Stock Exchange (or any subsidiary of that exchange); (B) the Shenzhen Stock Exchange (or any subsidiary of that exchange); (C) the Beijing Stock Exchange (or any subsidiary of that exchange); or (D) any other national exchange, or subsidiary of such an exchange, that is subject to the influence or control of the Party Committee of the China Securities Regulatory Commission, other than the Stock Exchange of Hong Kong. (5) Covered security The term covered security means a security that— (A) as of the date on which a covered transaction is executed with respect to the security, is listed on a covered exchange; (B) is derivative of a security described in subparagraph (A); or (C) is designed to provide investment exposure to a security described in subparagraph (A). (6) Covered transaction The term covered transaction means a purchase, sale, or assignment. (7) Engage in The term engage in , with respect to a transaction, means to order, approve, or otherwise perform any act in furtherance of that transaction. (8) Purchase; sale