Us Code § 12b - Trading ban violations; prohibition
Full text of Us Code United States Code § 12b — Trading ban violations; prohibition, with citation guidance and answers to common questions.
§ 12b. Trading ban violations; prohibition
It shall be unlawful for any person, against whom there is outstanding any order of the Commission prohibiting him from trading on or subject to the rules of any registered entity, to make or cause to be made in contravention of such order, any contract for future delivery of any commodity, on or subject to the rules of any registered entity.
(Sept. 21, 1922, ch. 369, §8b, as added Pub. L. 90–258, §24, Feb. 19, 1968, 82 Stat. 33; amended Pub. L. 93–463, title I, §103(a), Oct. 23, 1974, 88 Stat. 1392; Pub. L. 106–554, §1(a)(5) [title I, §123(a)(20)], Dec. 21, 2000, 114 Stat. 2763, 2763A–410.)
Editorial Notes
Amendments
2000—Pub. L. 106–554 substituted "registered entity" for "contract market" in two places.
1974—Pub. L. 93–463 substituted "Commission" for "Secretary of Agriculture".
Statutory Notes and Related Subsidiaries
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
Section effective 120 days after Feb. 19, 1968, see section 28 of Pub. L. 90–258, set out as an Effective Date of 1968 Amendment note under section 2 of this title.
About This Section
7 U.S.C. § 12b is part of Title 7 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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