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

§ 6o. Fraud and misrepresentation by commodity trading advisors, commodity pool operators, and associated persons

458 words·~2 min read·/usc/title-7/section-6o

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(1)It shall be unlawful for a commodity trading advisor, associated person of a commodity trading advisor, commodity pool operator, or associated person of a commodity pool operator, by use of the mails or any means or instrumentality of interstate commerce, directly or indirectly—
(A)to employ any device, scheme, or artifice to defraud any client or participant or prospective client or participant; or
(B)to engage in any transaction, practice, or course of business which operates as a fraud or deceit upon any client or participant or prospective client or participant.
(2)It shall be unlawful for any commodity trading advisor, associated person of a commodity trading advisor, commodity pool operator, or associated person of a commodity pool operator registered under this chapter to represent or imply in any manner whatsoever that such person has been sponsored, recommended, or approved, or that such person’s abilities or qualifications have in any respect been passed upon, by the United States or any agency or officer thereof. This section shall not be construed to prohibit a statement that a person is registered under this chapter as a commodity trading advisor, associated person of a commodity trading advisor, commodity pool operator, or associated person of a commodity pool operator, if such statement is true in fact and if the effect of such registration is not misrepresented.
(Sept. 21, 1922, ch. 369, § 4o, as added Pub. L. 93–463, title II, § 205(a), Oct. 23, 1974, 88 Stat. 1399; amended Pub. L. 95–405, § 10, Sept. 30, 1978, 92 Stat. 870; Pub. L. 97–444, title II, § 214, Jan. 11, 1983, 96 Stat. 2305.)
Connections5 cite this · traces to 1
12 references not yet in our index
  • Sept. 21, 1922, ch. 369, § 4
  • Pub. L. 93–463, title II, § 205(a)
  • 88 Stat. 1399
  • Pub. L. 95–405, § 10
  • 92 Stat. 870
  • Pub. L. 97–444, title II, § 214
  • 96 Stat. 2305
  • Pub. L. 97–444
  • Pub. L. 95–405
  • section 239 of Pub. L. 97–444
  • section 28 of Pub. L. 95–405
  • section 418 of Pub. L. 93–463
Citation graph
cites case law
§ 6o
Fraud and misrepresentation by commodity trading advisors, commodity pool operators, and associated persons
Fed. Reg.×2
Stat.×2
Stat. Comp.×1
ActSept. 21, 1922, ch. 369, § 4
Pub. L.Pub. L. 93–463, title II, § 205(a)
Stat.88 Stat. 1399
Pub. L.Pub. L. 95–405, § 10
Stat.92 Stat. 870
Cites 13 · showing 6Cited by 5 across 3 sources
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