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7 U.S.C. 6c: Prohibited transactions

Created in 1974 by Public Law 93-463. Changed by 7 later laws. No bill we track in this Congress changes it.

8 other sections of the Code cite this one, including 5 U.S.C. 8332, 7 U.S.C. 1a, 7 U.S.C. 2, 7 U.S.C. 6a, 7 U.S.C. 6f.

28 parts of federal rules cite it as their authority, written by Commodity Futures Trading Commission (28).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2012

    • Pub. L. 112–105, §5(1), inserted in introductory provisions "or any Member of Congress or employee of Congress (as such terms are defined under section 2 of the STOCK Act) or any judicial officer or judicial employee (as such terms are defined, respectively, under section 2 of the S… Law text · (a)
    • Pub. L. 112–105, §5(2)(A), inserted in introductory provisions "or any Member of Congress or employee of Congress or any judicial officer or judicial employee" after "any department or agency of the Federal Government", "Member, officer," after "position of the", and "or by Congr… Law text · (a)
    • Pub. L. 112–105, §5(2)(B), inserted "or any Member of Congress or employee of Congress or any judicial officer or judicial employee" after "Federal Government" in introductory provisions. Law text · (a)
    • Pub. L. 112–105, §5(2)(C)(i), inserted "or by Congress or by the judiciary" in two places in introductory provisions. Law text · (a)
    • Pub. L. 112–105, §5(2)(C)(ii), inserted "to Congress, any Member of Congress, any employee of Congress, any judicial officer, or any judicial employee," after "Federal Government,". Law text · (a)

    2010

    • Pub. L. 111–203, §741(b)(2), inserted "or swap" before "if the transaction is used or may be used". (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (a)
    • Pub. L. 111–203, §746, added pars. (3) and (4). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (a), (4)
    • Pub. L. 111–203, §747, added pars. (5) to (7). (Dodd-Frank Wall Street Reform and Consumer Protection Act) Law text · (a)

    2000

    • Pub. L. 106–554, §1(a)(5) [title I, §109], inserted section catchline. (Consolidated Appropriations Act, 2001) Law text
    • Pub. L. 106–554, §1(a)(5) [title I, §109], added subsec. (a) and struck out former subsec. (a) which read as follows: "It shall be unlawful for any person to offer to enter into, enter into, or confirm the execution of, any transaction involving any commodity, which is or may be used f… (Consolidated Appropriations Act, 2001) Law text · (a)
    • Pub. L. 106–554, §1(a)(5) [title I, §123(a)(6)], inserted "or derivatives transaction execution facility" after "contract market" in two places. (Consolidated Appropriations Act, 2001) Law text · (g)

    1992

    • Pub. L. 102–546, §402(4), made technical amendments to references to section 78c(a)(12) of title 15 in subpar. (A)(iv) and to section 2(a) of this title in concluding provisions. · (d)
    • Pub. L. 102–546, §203(a), added subsec. (g). · (g)

    1986

    • Pub. L. 99–641, amended subsec. (c) generally, substituting provisions relating to regulations to eliminate pilot status of program for commodity option transactions for provisions relating to commodity option transactions, pilot program and permanent authorization, conditions ending p… · (c)

    1983

    • Pub. L. 97–444, §206(1), redesignated par. (C) as (B). Former par. (B), relating to transactions involving any commodity specifically set forth in section 2(a) of this title, prior to October 23, 1974, if such transactions were of the character of, or were commonly known to the… · (a), (C)
    • Pub. L. 97–444, §206(2), in revising section generally, struck out references to any transaction subject to provisions of subsection (a) of this section and to any commodity not specifically set forth in section 2(a) of this title, prior to October 23, 1974, and struck out "within one … · (b)
    • Pub. L. 97–444, §206(3), inserted "With respect to any commodity regulated under this chapter and specifically set forth in section 2(a) of this title prior to October 23, 1974, the Commission may, pursuant to the procedures set forth in this subsection, establish a pilot program for a… · (c)
    • Pub. L. 97–444, §206(4)(A), inserted ", other than a commodity specifically set forth in section 2(a) of this title prior to October 23, 1974," after "physical commodity". · (d)
    • Pub. L. 97–444, §206(4)(B), inserted ", other than a commodity specifically set forth in section 2(a) of this title prior to October 23, 1974," after "subsection (b) of this section" in provisions preceding subpar. (A). · (d)
    • Pub. L. 97–444, §206(4)(C), inserted ", other than options on a commodity specifically set forth in section 2(a) of this title prior to October 23, 1974," after "The Commission may permit persons not domiciled in the United States to grant options under this subsection" in provisions following par.… · (d)
    • Pub. L. 97–444, §102, added subsec. (f). · (f)

    1978

    • Pub. L. 95–405, §3(1), in provisions following par. (C) substituted "have been approved" for "not have been disapproved". · (a)
    • Pub. L. 95–405, §3(2), substituted "Senate Committee on Agriculture, Nutrition, and Forestry" for "Senate Committee on Agriculture and Forestry". · (b)
    • Pub. L. 95–405, §3(3), added subsecs. (c) to (e). · (c), (d), (e)

    1974

    • Pub. L. 93–463, §§103(a), 402(a), (b), (d), designated existing provisions as subsec. (a), in par. (B) of subsec. (a) as so designated inserted "if such transaction involves any commodity specifically set forth in section 2(a) of this title, prior to the enactment of the Commodity Futu… · (a)
    • Pub. L. 93–463, §402(c), added subsec. (b). · (b)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.