2020 US Code
Title 7 - Agriculture
Chapter 1 - Commodity Exchanges
Sec. 6l - Commodity trading advisors and commodity pool operators; Congressional finding
7 U.S.C. § 6l (2020) |
§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, §4l, as added Pub. L. 93–463, title II, §205(a), Oct. 23, 1974, 88 Stat. 1397; Pub. L. 106–554, §1(a)(5) [title I, §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 DATEFor 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. |
United States Code, 2018 Edition, Supplement 2, Title 7 - AGRICULTURE |
Bills and Statutes |
United States Code |
Y 1.2/5: |
Title 7 - AGRICULTURE CHAPTER 1 - COMMODITY EXCHANGES Sec. 6l - Commodity trading advisors and commodity pool operators; Congressional finding |
section 6l |
2020 |
January 13, 2021 |
No |
standard |
88 Stat. 1397 114 Stat. 2763 |
Public Law 93-463, Public Law 106-554 |