7 U.S. Code § 5 - Findings and purpose

(a) Findings
The transactions subject to this chapter are entered into regularly in interstate and international commerce and are affected with a national public interest by providing a means for managing and assuming price risks, discovering prices, or disseminating pricing information through trading in liquid, fair and financially secure trading facilities.
(b) Purpose
It is the purpose of this chapter to serve the public interests described in subsection (a) of this section through a system of effective self-regulation of trading facilities, clearing systems, market participants and market professionals under the oversight of the Commission. To foster these public interests, it is further the purpose of this chapter to deter and prevent price manipulation or any other disruptions to market integrity; to ensure the financial integrity of all transactions subject to this chapter and the avoidance of systemic risk; to protect all market participants from fraudulent or other abusive sales practices and misuses of customer assets; and to promote responsible innovation and fair competition among boards of trade, other markets and market participants.

Source

(Sept. 21, 1922, ch. 369, § 3, as added Pub. L. 106–554, § 1(a)(5) [title I, § 108], Dec. 21, 2000, 114 Stat. 2763, 2763A–383.)
Prior Provisions

A prior section 5, acts Sept. 21, 1922, ch. 369, § 3,42 Stat. 999; June 15, 1936, ch. 545, § 2,49 Stat. 1491; Pub. L. 97–444, title II, § 203,Jan. 11, 1983, 96 Stat. 2298, stated legislative findings, prior to repeal by Pub. L. 106–554, § 1(a)(5) [title I, § 108], Dec. 21, 2000, 114 Stat. 2763, 2763A–383.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

7 USCDescription of ChangeSession YearPublic LawStatutes at Large

This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


17 CFR - Commodity and Securities Exchanges

17 CFR Part 1 - GENERAL REGULATIONS UNDER THE COMMODITY EXCHANGE ACT

17 CFR Part 15 - REPORTS—GENERAL PROVISIONS

17 CFR Part 18 - REPORTS BY TRADERS

17 CFR Part 20 - LARGE TRADER REPORTING FOR PHYSICAL COMMODITY SWAPS

17 CFR Part 37 - SWAP EXECUTION FACILITIES

17 CFR Part 40 - PROVISIONS COMMON TO REGISTERED ENTITIES

17 CFR Part 42 - ANTI-MONEY LAUNDERING, TERRORIST FINANCING

17 CFR Part 48 - REGISTRATION OF FOREIGN BOARDS OF TRADE

17 CFR Part 151 - POSITION LIMITS FOR FUTURES AND SWAPS

17 CFR Part 165 - WHISTLEBLOWER RULES

 

LII has no control over and does not endorse any external Internet site that contains links to or references LII.