§ 13b. Manipulations or other violations; cease and desist orders against persons other than registered entities; punishment
1,118 words·~5 min read·
/usc/title-7/section-13bA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If any person (other than a registered entity), is violating or has violated section 9 of this title or any other provisions of this chapter or of the rules, regulations, or orders of the Commission thereunder, the Commission may, upon notice and hearing, and subject to appeal as in other cases provided for in section 9 of this title, make and enter an order directing that such person shall cease and desist therefrom and, if such person thereafter and after the lapse of the period allowed for appeal of such order or after the affirmance of such order, shall knowingly fail or refuse to obey or comply with such order, such person, upon conviction thereof, shall be fined not more than the higher of $140,000 or triple the monetary gain to such person, or imprisoned for not more than 1 year, or both, except that if such knowing failure or refusal to obey or comply with such order involves any offense within subsection
(a)or
(b)of section 13 of this title, such person, upon conviction thereof, shall be subject to the penalties of said subsection
(a)or (b): Provided, That any such cease and desist order under this section against any respondent in any case of manipulation shall be issued only in conjunction with an order issued against such respondent under section 9 of this title.
(Sept. 21, 1922, ch. 369, § 6(d), formerly § 6(c), as added Pub. L. 90–258, § 17, Feb. 19, 1968, 82 Stat. 31; amended Pub. L. 93–463, title I, § 103(a), (b), title II, § 212(c), Oct. 23, 1974, 88 Stat. 1392, 1404; renumbered § 6(d) and amended Pub. L. 102–546, title II, §§ 209(a)(1), (4), 212(b), Oct. 28, 1992, 106 Stat. 3606, 3609; Pub. L. 106–554, § 1(a)(5) [title I, § 123(a)(12)(D)], Dec. 21, 2000, 114 Stat. 2763, 2763A–409; Pub. L. 111–203, title VII, §§ 741(b)(4), 753(b), July 21, 2010, 124 Stat. 1731, 1753.)
Connections16 cite this · traces to 5
Cited by 16 sections · top 11
statutes-at-large
- Public Law 93–463To amend the Commodity Exchange Act to strengthen the regulation of futures trading, to bring all agricultural and other commodities traded on exchanges under regulation, and for other purposes
- Public Law 102–546To amend the Commodity Exchange Act to improve the regulation of futures and options traded under rules and regulations of the Commodity Futures Trading Commission; to establish registration standards for all exchange floor traders; to restrict practices which may lead to the abuse of outside custom
- Public Law 111–203To promote the financial stability of the United States by improving accountability and transparency in the financial system, to end “too big to fail”, to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes
register
statute-compilations
Traces to 5 documents
U.S. Code
- Prohibition regarding manipulation and false information§ 9
- Violations generally; punishment; costs of prosecution§ 13
- Application for designation as contract market or derivatives transaction execution facility; time; suspension or revocation of designation; hearing; review by court of appeals§ 8
- Definitions§ 1a
- Jurisdiction of Commission; liability of principal for act of agent; Commodity Futures Trading Commission; transaction in interstate commerce§ 2
24 references not yet in our index
- Sept. 21, 1922, ch. 369, § 6(d)
- Pub. L. 90–258, § 17
- 82 Stat. 31
- Pub. L. 93–463, title I, § 103(a)
- 88 Stat. 1392
- Pub. L. 102–546, title II
- 106 Stat. 3606
- Pub. L. 106–554, § 1(a)(5) [title I, § 123(a)(12)(D)]
- 114 Stat. 2763
- Pub. L. 111–203, title VII
- 124 Stat. 1731
- Pub. L. 111–203, § 753(b)
- Pub. L. 111–203, § 741(b)(4)
- Pub. L. 106–554
- Pub. L. 102–546
- Pub. L. 93–463
- Pub. L. 93–463, § 103(a)
- section 741(b)(4) of Pub. L. 111–203
- Pub. L. 111–203
- section 754 of Pub. L. 111–203
- section 753(b) of Pub. L. 111–203
- section 753(d) of Pub. L. 111–203
- section 418 of Pub. L. 93–463
- section 28 of Pub. L. 90–258
Citation graph
cites case law
§ 13b
Manipulations or other violations; cease and desist orders against persons other than registered entities; punishment
Fed. Reg.×8
Stat.×4
Bills×3
Stat. Comp.×1
ActSept. 21, 1922, ch. 369, § 6(d)
Pub. L.Pub. L. 90–258, § 17
Stat.82 Stat. 31
Pub. L.Pub. L. 93–463, title I, § 103(a)
Stat.88 Stat. 1392
Cites 29 · showing 10Cited by 16 across 4 sources