Public Law 119-73 (01/23/2026)

7 U.S.C. § 7b

Suspension or revocation of designation as registered entity

section 8(b) of this titleThe failure of a registered entity to comply with any provision of this chapter, or any regulation or order of the Commission under this chapter, shall be cause for the suspension of the registered entity for a period not to exceed 180 days, or revocation of designation as a registered entity, in accordance with the procedures and subject to the judicial review provided in .

Sept. 21, 1922, ch. 369, § 5eJune 15, 1936, ch. 545, § 749 Stat. 1498Pub. L. 90–258, § 1382 Stat. 30Pub. L. 93–463, title I, § 103(a)88 Stat. 1392Pub. L. 102–546, title II, § 209(b)(3)106 Stat. 3607Pub. L. 106–554, § 1(a)(5) [title I, §§ 110(1), 115]114 Stat. 2763Pub. L. 110–234, title XIII, § 13203l122 Stat. 1441Pub. L. 110–246, § 4(a)l122 Stat. 1664Pub. L. 111–203, title VII, § 749(d)124 Stat. 1747(, formerly § 5b, as added , ; amended , , ; , (b), , ; , , ; renumbered § 5e and amended , , , 2763A–384, 2763A–402; (), , ; , title XIII, § 13203(), , , 2203; , , .)

Editorial Notes

Codification

Pub. L. 110–234Pub. L. 110–246Pub. L. 110–234section 4(a) of Pub. L. 110–246 and made identical amendments to this section. The amendments by were repealed by .

Amendments

Pub. L. 111–203section 2(h)(3) of this title2010— struck out “or revocation of the right of an electronic trading facility to rely on the exemption set forth in with respect to a significant price discovery contract,” after “or revocation of designation as a registered entity,”.

Pub. L. 110–246, § 13203lsection 2(h)(3) of this title2008—(), inserted “, or revocation of the right of an electronic trading facility to rely on the exemption set forth in with respect to a significant price discovery contract,” after “designation as a registered entity”.

Pub. L. 106–554, § 1(a)(5) [title I, § 115]section 8(b) of this title2000—, amended section generally. Prior to amendment, section read as follows: “The failure or refusal of any board of trade to comply with any of the provisions of this chapter, or any of the rules, regulations, or orders of the Commission or the commission thereunder, shall be cause for suspending for a period not to exceed six months or revoking the designation of such board of trade as a ‘contract market’ in accordance with the procedure and subject to the judicial review provided in .”

Pub. L. 102–546section 8(b) of this titlesection 8 of this title1992— substituted reference to for reference to .

Pub. L. 93–463, § 103(a)1974—, provided for substitution of “Commission” for “Secretary of Agriculture” except where such words would be stricken by section 103(b), which directed striking the words “the Secretary of Agriculture or” where they appeared in the phrase “the Secretary of Agriculture or the Commission”. Because the word “commission” was not capitalized in the text of this section, section 103(b) did not apply to this section and therefore section 103(a) was executed, resulting in the substitution of “the Commission or the commission” for “the Secretary of Agriculture or the commission”.

Pub. L. 90–2581968— substituted “rules, regulations, or orders of the Secretary of Agriculture or the commission” for “rules and regulations of the Secretary of Agriculture”.

Statutory Notes and Related Subsidiaries

Effective Date of 2010 Amendment

Pub. L. 111–203Pub. L. 111–203section 754 of Pub. L. 111–203section 1a of this titleAmendment by effective on the later of 360 days after , or, to the extent a provision of subtitle A (§§ 711–754) of title VII of requires a rulemaking, not less than 60 days after publication of the final rule or regulation implementing such provision of subtitle A, see , set out as a note under .

Effective Date of 2008 Amendment

Pub. L. 110–234Pub. L. 110–246Pub. L. 110–234section 4 of Pub. L. 110–246section 8701 of this titleAmendment of this section and repeal of by effective , the date of enactment of , except as otherwise provided, see , set out as an Effective Date note under .

lPub. L. 110–246section 13204(a) of Pub. L. 110–246section 2 of this titleAmendment by section 13203() of effective , see , set out as a note under .

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 of 1968 Amendment

Pub. L. 90–258section 28 of Pub. L. 90–258section 2 of this titleAmendment by effective 120 days after , 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 .