Title 7 — Agriculture
Chapter 1 — Commodity Exchanges
§ 12b. Trading ban violations; prohibition
Statutory text
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.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 90–258 § 24 · 82 Stat. 26
Enacted · 7 U.S.C. § 12b
Sept. 21, 1922, ch. 369, § 8b, as added Pub. L. 90–258, § 24, Feb. 19, 1968, 82 Stat. 33
Source evidence
Code source credit
Sept. 21, 1922, ch. 369, § 8b, as added Pub. L. 90–258, § 24, Feb. 19, 1968, 82 Stat. 33Enacted provision · exact public law section
Sec. 24. The Commodity Exchange Act, as amended, is amended Trading ban violation. by adding after section 8a thereof (7 U.S.C. 12a) the following new section: “Sec. 8b. It shall be unlawful for any person, against whom there is outstanding any order of the Secretary of Agriculture prohibiting him from trading on or subject to the rules of any contract market, to make or cause to he. made in contravention of such order, any contract for future delivery of any commodity, on or subject to the rules of any contract market.”Commodity Futures Trading Commission Act of 1974
Pub. L. 93–463 title I § 103(a) · 88 Stat. 1389
Substituted · 7 U.S.C. § 12b
Pub. L. 93–463 substituted “Commission” for “Secretary of Agriculture”
Source evidence
Code amendment note
Pub. L. 93–463 substituted “Commission” for “Secretary of Agriculture”.Enacted provision · exact public law section
(a) By 7 USC 6, 6a, 6c–6g, 6i, 7, 7a, 8, 9, 11, 12, 12–1, 12a, 12b, 13b, 16. striking the word “Secretary” and the words “Secretary of Agriculture” wherever such words appear therein (except where the words “Secretary of Agriculture” first appear in section 5(a)(7 U.S.C. 7) or where said words would be stricken by subsection (b), (c), or (d) of this section) and by inserting in lieu thereof the word “Commission”.Effective date note
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.Consolidated Appropriations Act, 2001
Pub. L. 106–554 § 1(a)(5)(tI)(s123)(a)(20) · 114 Stat. 2763
Substituted · 7 U.S.C. § 12b
Pub. L. 106–554 substituted “registered entity” for “contract market” in two places
Source evidence
Code amendment note
Pub. L. 106–554 substituted “registered entity” for “contract market” in two places.Enacted provision · exact public law section
(5) H.R. 5660, as introduced on December 14, 2000.
3 of 3 references resolved to an enrolled provision
Editorial Notes
Amendments1974–2000 · 2 rounds
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 , see section 28 of Pub. L. 90–258, set out as an Effective Date of 1968 Amendment note under section 2 of this title.
Credits
1922–2000 · 3 acts
- 1922Sept. 21, 1922, ch. 369, § 8b, as added Pub. L. 90–258, § 24, , 82 Stat. 33
- 1974amended Pub. L. 93–463, title I, § 103(a), , 88 Stat. 1392
- 2000Pub. L. 106–554, § 1(a)(5) [title I, § 123(a)(20)], , 114 Stat. 2763, 2763A–410.
Show as published
(Sept. 21, 1922, ch. 369, § 8b, as added Pub. L. 90–258, § 24, , 82 Stat. 33; amended Pub. L. 93–463, title I, § 103(a), , 88 Stat. 1392; Pub. L. 106–554, § 1(a)(5) [title I, § 123(a)(20)], , 114 Stat. 2763, 2763A–410.)