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[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 7USC6l]

 
                          TITLE 7--AGRICULTURE
 
                     CHAPTER 1--COMMODITY EXCHANGES
 
Sec. 6l. Commodity trading advisors and commodity pool 
        operators; Congressional finding
        
    It is hereby found that the activities of commodity trading advisors 
and commodity pool operators are affected with a national public 
interest in that, among other things--
        (1) their advice, counsel, publications, writings, analyses, and 
    reports are furnished and distributed, and their contracts, 
    solicitations, subscriptions, agreements, and other arrangements 
    with clients take place and are negotiated and performed by the use 
    of the mails and other means and instrumentalities of interstate 
    commerce;
        (2) their advice, counsel, publications, writings, analyses, and 
    reports customarily relate to and their operations are directed 
    toward and cause the purchase and sale of commodities for future 
    delivery on or subject to the rules of contract markets or 
    derivatives transaction execution facilities; and
        (3) the foregoing transactions occur in such volume as to affect 
    substantially transactions on contract markets or derivatives 
    transaction execution facilities.

(Sept. 21, 1922, ch. 369, Sec. 4l, as added Pub. L. 93-463, title II, 
Sec. 205(a), Oct. 23, 1974, 88 Stat. 1397; Pub. L. 106-554, Sec. 1(a)(5) 
[title I, Sec. 123(a)(10)], Dec. 21, 2000, 114 Stat. 2763, 2763A-408.)


                               Amendments

    2000--Pars. (2), (3). Pub. L. 106-554 inserted ``or derivatives 
transaction execution facilities'' after ``contract markets''.


                             Effective Date

    For effective date of section, see section 418 of Pub. L. 93-463, 
set out as an Effective Date of 1974 Amendment note under section 2 of 
this title.