§ 6e. — Dealings by unregistered floor trader or broker prohibited.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 7USC6e]
TITLE 7--AGRICULTURE
CHAPTER 1--COMMODITY EXCHANGES
Sec. 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.
(Sept. 21, 1922, ch. 369, Sec. 4e, as added June 15, 1936, ch. 545,
Sec. 5, 49 Stat. 1495; amended Pub. L. 93-463, title I, Sec. 103(a),
Oct. 23, 1974, 88 Stat. 1392; Pub. L. 102-546, title II, Sec. 207(a),
Oct. 28, 1992, 106 Stat. 3604; Pub. L. 106-554, Sec. 1(a)(5) [title I,
Sec. 123(a)(6)], Dec. 21, 2000, 114 Stat. 2763, 2763A-407.)
Amendments
2000--Pub. L. 106-554 inserted ``or derivatives transaction
execution facility'' after ``contract market''.
1992--Pub. L. 102-546 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.''
1974--Pub. L. 93-463 substituted ``Commission'' for ``Secretary of
Agriculture''.
Effective Date of 1992 Amendment
Section 207(c) of Pub. L. 102-546 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
of Pub. 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.
Section Referred to in Other Sections
This section is referred to in sections 6f, 6k of this title.
