§ 13c. Responsibility as principal; minor violations

Footnotes

1. 1 So in original. The words “or the Commission” probably should not appear.

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.

1. 1922

   Pub. L. 90–258 § 26 · 82 Stat. 26

   Enacted · 7 U.S.C. § 13c

   Sept. 21, 1922, ch. 369, § 13, as added Pub. L. 90–258, § 26, Feb. 19, 1968, 82 Stat. 34

   Source evidence

   Code source credit
   Sept. 21, 1922, ch. 369, § 13, as added Pub. L. 90–258, § 26, Feb. 19, 1968, 82 Stat. 34

   Enacted provision · exact public law section
   Sec. 26. The Commodity Exchange Act, as amended, is further amended by adding thereto a new section 13 to read as follows: “Sec. 13. (a) Any person who commits, or who willfully aids, abets, counsels, commands, induces, or procures the commission of, a violation of any of the provisions of this Act, or any of the rules, regulations, or orders issued pursuant to this Act, or who acts in combination or concert with any other person in any such violation, or who willfully causes an act to be done or omitted which if directly performed or omitted by him or another would be a violation of the provisions of this Act or any of such rules, regulations, or orders may be held responsible in administrative proceedings under this Act for such violation as a principal. “(b) Nothing in this Act shall be construed as requiring the Secretary of Agriculture or the commission to report minor violations of this Act for prosecution, whenever it appears that the public interest does not require such action.”

2. 1974

   Commodity Futures Trading Commission Act of 1974

   Pub. L. 93–463 § 103(a) · 88 Stat. 1389

   1. Substituted · 7 U.S.C. § 13c(b)

      Pub. L. 93–463, § 103(a), provided for substitution of “Commission” for “Secretary of Agriculture”

   2. Substituted · 7 U.S.C. § 13c(b)

      Pub. L. 93–463, § 103(a), provided for substitution of “the Commission or the commission” for “the Secretary of Agriculture or the commission”

   Source evidence

   Code amendment note
   Subsec. (b). Pub. L. 93–463, § 103(a), 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”.

   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”.

3. 1983

   Futures Trading Act of 1982

   Pub. L. 97–444 § 230(1) · 96 Stat. 2294

   Struck · 7 U.S.C. § 13c(a)

   Pub. L. 97–444, § 230(1), struck out “in administrative proceedings under this chapter” after “may be held responsible”

   Source evidence

   Code amendment note
   Subsec. (a). Pub. L. 97–444, § 230(1), struck out “in administrative proceedings under this chapter” after “may be held responsible”.

   Enacted provision · exact public law section
   (1) striking out “in administrative proceedings under this Act” in subsection (a);

   Effective date note
   Amendment by Pub. L. 97–444 effective Jan. 11, 1983, see section 239 of Pub. L. 97–444, set out as a note under section 2 of this title.

4. 1983

   Futures Trading Act of 1982

   Pub. L. 97–444 § 230(2) · 96 Stat. 2294

   1. Added · 7 U.S.C. § 13c(b); 7 U.S.C. § 13c(c)

      Pub. L. 97–444, § 230(2), (3), added subsec. (b)

   2. Redesignated · 7 U.S.C. § 13c(b); 7 U.S.C. § 13c(c)

      Pub. L. 97–444, § 230(2), (3), redesignated former subsec. (b) as (c)

   Source evidence

   Code amendment note
   Subsecs. (b), (c). Pub. L. 97–444, § 230(2), (3), added subsec. (b) and redesignated former subsec. (b) as (c).

   Enacted provision · exact public law section
   (2) redesignating subsection (b) as subsection (c); and

   Effective date note
   Amendment by Pub. L. 97–444 effective Jan. 11, 1983, see section 239 of Pub. L. 97–444, set out as a note under section 2 of this title.

5. 1992

   Futures Trading Practices Act of 1992

   Pub. L. 102–546 § 402(9)(C) · 106 Stat. 3590

   Struck · 7 U.S.C. § 13c(c)

   Pub. L. 102–546, § 402(9)(C), which directed that “the Secretary of Agriculture or” be struck out, could not be executed because of amendment by Pub. L. 93–463, § 103(a). See 1974 Amendment note below

   Source evidence

   Code amendment note
   Subsec. (c). Pub. L. 102–546, § 402(9)(C), which directed that “the Secretary of Agriculture or” be struck out, could not be executed because of amendment by Pub. L. 93–463, § 103(a). See 1974 Amendment note below.

   Enacted provision · exact public law section
   (C) in section 13(c); 7 USC 13c.

6. 1992

   Futures Trading Practices Act of 1992

   Pub. L. 102–546 § 402(1)(D) · 106 Stat. 3590

   Substituted · 7 U.S.C. § 13c(c)

   Pub. L. 102–546, § 402(1)(D), substituted “Commission” for “commission” before “to report”

   Target inherited from the preceding amendment note.

   Source evidence

   Code amendment note
   Pub. L. 102–546, § 402(1)(D), substituted “Commission” for “commission” before “to report”.

   Enacted provision · exact public law section
   (D) section 13(c); and inserting “Commission”;

8 of 8 references resolved to an enrolled provision