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Code · U.S. Code · Title 7 - AGRICULTURE · CHAPTER 1— COMMODITY EXCHANGES · § 6i

§ 6i. Reports of deals equal to or in excess of trading limits; books and records; cash and controlled transactions

965 words·~4 min read·/usc/title-7/section-6i

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It shall be unlawful for any person to make any contract for the purchase or sale of any commodity for future delivery on or subject to the rules of any contract market or derivatives transaction execution facility, or any significant price discovery contract traded or executed on an electronic trading facility or any agreement, contract, or transaction that is treated by a derivatives clearing organization, whether registered or not registered, as fungible with a significant price discovery contract—
(1)if such person shall directly or indirectly make such contracts with respect to any commodity or any future of such commodity during any one day in an amount equal to or in excess of such amount as shall be fixed from time to time by the Commission, and
(2)if such person shall directly or indirectly have or obtain a long or short position in any commodity or any future of such commodity equal to or in excess of such amount as shall be fixed from time to time by the Commission,
unless such person files or causes to be filed with the properly designated officer of the Commission such reports regarding any transactions or positions described in clauses
(1)and
(2)hereof as the Commission may by rule or regulation require and unless, in accordance with rules and regulations of the Commission, such person shall keep books and records of all such transactions and positions and transactions and positions in any such commodity traded on or subject to the rules of any other board of trade or electronic trading facility, and of cash or spot transactions in, and inventories and purchase and sale commitments of such commodity. Such books and records shall show complete details concerning all such transactions, positions, inventories, and commitments, including the names and addresses of all persons having any interest therein, and shall be open at all times to inspection by any representative of the Commission or the Department of Justice. For the purposes of this section, the futures and cash or spot transactions and positions of any person shall include such transactions and positions of any persons directly or indirectly controlled by such person.
(Sept. 21, 1922, ch. 369, § 4i, as added June 15, 1936, ch. 545, § 5, 49 Stat. 1496; amended Pub. L. 90–258, § 9, Feb. 19, 1968, 82 Stat. 28; Pub. L. 93–463, title I, § 103(a), (f), Oct. 23, 1974, 88 Stat. 1392; Pub. L. 97–444, title II, § 211, Jan. 11, 1983, 96 Stat. 2303; Pub. L. 106–554, § 1(a)(5) [title I, § 123(a)(9)], Dec. 21, 2000, 114 Stat. 2763, 2763A–407; Pub. L. 110–234, title XIII, § 13202(b), May 22, 2008, 122 Stat. 1439; Pub. L. 110–246, § 4(a), title XIII, § 13202(b), June 18, 2008, 122 Stat. 1664, 2201.)
Connections41 cite this · traces to 3
Cited by 41 sections
bill
29 references not yet in our index
  • Sept. 21, 1922, ch. 369, § 4i
  • June 15, 1936, ch. 545, § 5
  • 49 Stat. 1496
  • Pub. L. 90–258, § 9
  • 82 Stat. 28
  • Pub. L. 93–463, title I, § 103(a)
  • 88 Stat. 1392
  • Pub. L. 97–444, title II, § 211
  • 96 Stat. 2303
  • Pub. L. 106–554, § 1(a)(5) [title I, § 123(a)(9)]
  • 114 Stat. 2763
  • Pub. L. 110–234, title XIII, § 13202(b)
  • 122 Stat. 1439
  • Pub. L. 110–246, § 4(a)
  • 122 Stat. 1664
  • Pub. L. 110–234
  • Pub. L. 110–246
  • section 4(a) of Pub. L. 110–246
  • Pub. L. 110–246, § 13202(b)
  • Pub. L. 106–554
  • Pub. L. 97–444
  • Pub. L. 93–463
  • Pub. L. 90–258
  • section 4 of Pub. L. 110–246
  • section 13202(b) of Pub. L. 110–246
  • section 13204(a) of Pub. L. 110–246
  • section 239 of Pub. L. 97–444
  • section 418 of Pub. L. 93–463
  • section 28 of Pub. L. 90–258
Citation graph
cites case law
§ 6i
Reports of deals equal to or in excess of trading limits; books and records; cash and controlled transactions
Bills×22
Fed. Reg.×12
Stat.×6
Stat. Comp.×1
ActSept. 21, 1922, ch. 369, § 4i
ActJune 15, 1936, ch. 545, § 5
Stat.49 Stat. 1496
Pub. L.Pub. L. 90–258, § 9
Stat.82 Stat. 28
Cites 32 · showing 8Cited by 41 across 4 sources
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