WHAT THE LAW DOINCongress, in plain words

The law › Title 7, Agriculture › Chapter 1

7 U.S.C. 6k: Registration of associates of futures commission merchants, commodity pool operators, and commodity trading advisors; required disclosure of disqualifications; exemptions for associated persons

Created in 1974 by Public Law 93-463. Changed by 5 later laws. No bill we track in this Congress changes it.

6 other sections of the Code cite this one, including 7 U.S.C. 2, 7 U.S.C. 6f, 7 U.S.C. 9c, 7 U.S.C. 12, 7 U.S.C. 13a–1.

10 parts of federal rules cite it as their authority, written by Commodity Futures Trading Commission (10).

This Congress

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

    How it got here

    2008

    • Pub. L. 110–246, §13105(c), redesignated par. (5) relating to exempting associated persons or dealers from provisions of this chapter as (6). (Food, Conservation, and Energy Act of 2008) Law text · (5), (6)

    2000

    • Pub. L. 106–554, §1(a)(5) [title II, §252(d)], which directed amendment of this section by "inserting after paragraph (4), as added by subsection (c) of this section" a new par. (5) relating to exempting associated persons or dealers from provisions of this chapter, was executed by adding… (Consolidated Appropriations Act, 2001) Law text · (5)

    1983

    • Pub. L. 97–444 amended par. (1) generally to apply to introducing brokers and persons associated with introducing brokers. · (1)
    • Pub. L. 97–444 added par. (2). Former par. (2) redesignated (4). · (2)
    • Pub. L. 97–444 added par. (3). Former par. (3), which empowered Commission to authorize a registered futures association to perform any portion of the registration functions under this section, in accordance with rules approved by the Commission, and subject to the provisions of this chap… · (3)
    • Pub. L. 97–444 redesignated former par. (2) as (4) and substituted "Any person desiring to be registered as an associated person of a futures commission merchant, of an introducing broker, of a commodity pool operator, or of a commodity trading advisor shall make application to the Commis… · (4)
    • Pub. L. 97–444 added par. (5). · (5)

    1978

    • Pub. L. 95–405, §7(1), inserted provisions authorizing the Commission to prescribe the period of registration of not less than one year for associated persons. · (2)
    • Pub. L. 95–405, §7(2), added par. (3). · (3)

    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.