7 U.S. Code § 6e - Dealings by unregistered floor trader or broker prohibited

It shall be unlawful for any person to act as floor trader in executing purchases and sales, or as floor broker in executing any orders for the purchase or sale, of any commodity for future delivery, or involving any contracts of sale of any commodity for future delivery, on or subject to the rules of any contract market or derivatives transaction execution facility unless such person shall have registered, under this chapter, with the Commission as such floor trader or floor broker and such registration shall not have expired nor been suspended nor revoked.

Source

(Sept. 21, 1922, ch. 369, § 4e, as added June 15, 1936, ch. 545, § 5,49 Stat. 1495; amended Pub. L. 93–463, title I, § 103(a),Oct. 23, 1974, 88 Stat. 1392; Pub. L. 102–546, title II, § 207(a),Oct. 28, 1992, 106 Stat. 3604; Pub. L. 106–554, § 1(a)(5) [title I, § 123(a)(6)], Dec. 21, 2000, 114 Stat. 2763, 2763A–407.)
Amendments

2000—Pub. L. 106–554inserted “or derivatives transaction execution facility” after “contract market”.
1992—Pub. L. 102–546amended section generally. Prior to amendment, section read as follows: “It shall be unlawful for any person to act as floor broker in executing any orders for the purchase or sale of any commodity for future delivery, or involving any contracts of sale of any commodity for future delivery, on or subject to the rules of any contract market unless such person shall have registered, under this chapter, with the Commission as such floor broker and such registration shall not have expired nor been suspended nor revoked.”
1974—Pub. L. 93–463substituted “Commission” for “Secretary of Agriculture”.
Effective Date of 1992 Amendment

Pub. L. 102–546, title II, § 207(c),Oct. 28, 1992, 106 Stat. 3604, provided that: “The amendments made by this section [amending this section and sections 6f, 6g, 12a, and 13a–2 of this title] shall become effective one hundred and eighty days after the date of enactment of this Act [Oct. 28, 1992], and the Commodity Futures Trading Commission shall issue any regulations necessary to implement the amendments made by this section no later than one hundred and eighty days after the date of enactment of this Act.”
Effective Date of 1974 Amendment

For effective date of amendment by Pub. L. 93–463, see section 418 ofPub. L. 93–463, set out as a note under section 2 of this title.
Effective Date

For effective date of section, see section 13 of act June 15, 1936, set out as an Effective Date of 1936 Amendment note under section 1 of this title.

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17 CFR - Commodity and Securities Exchanges

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

17 CFR Part 3 - REGISTRATION

17 CFR Part 5 - OFF-EXCHANGE FOREIGN CURRENCY TRANSACTIONS

17 CFR Part 33 - REGULATION OF COMMODITY OPTION TRANSACTIONS THAT ARE OPTIONS ON CONTRACTS OF SALE OF A COMMODITY FOR FUTURE DELIVERY

17 CFR Part 38 - DESIGNATED CONTRACT MARKETS

 

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