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.
Sept. 21, 1922, ch. 369, § 4eJune 15, 1936, ch. 545, § 549 Stat. 1495Pub. L. 93–463, title I, § 103(a)88 Stat. 1392Pub. L. 102–546, title II, § 207(a)106 Stat. 3604Pub. L. 106–554, § 1(a)(5) [title I, § 123(a)(6)]114 Stat. 2763(, as added , ; amended , , ; , , ; , , , 2763A–407.)
Editorial Notes
Amendments
Pub. L. 106–5542000— inserted “or derivatives transaction execution facility” after “contract market”.
Pub. L. 102–5461992— amended 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.”
Pub. L. 93–4631974— substituted “Commission” for “Secretary of Agriculture”.
Statutory Notes and Related Subsidiaries
Effective Date of 1992 Amendment
Pub. L. 102–546, title II, § 207(c)106 Stat. 3604
Effective Date of 1974 Amendment
Pub. L. 93–463section 418 of Pub. L. 93–463section 2 of this titleFor effective date of amendment by , see , set out as a note under .
Effective Date
section 1 of this titleFor effective date of section, see section 13 of act , set out as an Effective Date of 1936 Amendment note under .