Title 7AgricultureRelease 119-73

§6h False self-representation as registered entity member prohibited

Title 7 › Chapter CHAPTER 1— - COMMODITY EXCHANGES › § 6h

Last updated Apr 6, 2026|Official source

Summary

It is illegal to lie about being a member, agent, or a registered trader when taking or handling interstate or futures commodity orders, or to claim trades were done through a registered member if not.

Full Legal Text

Title 7, §6h

Agriculture — Source: USLM XML via OLRC

It shall be unlawful for any person falsely to represent such person to be a member of a registered entity or the representative or agent of such member, or to be a registrant under this chapter or the representative or agent of any registrant, in soliciting or handling any order or contract for the purchase or sale of any commodity in interstate commerce or for future delivery, or falsely to represent in connection with the handling of any such order or contract that the same is to be or has been executed on, or by or through a member of, any registered entity.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

2000—Pub. L. 106–554 substituted “registered entity” for “contract market” in two places. 1983—Pub. L. 97–444 struck out provisions formerly designated as par. (1) relating to conduct of offices or places of business anywhere in the United States or its territories that were used for dealing in commodities for future delivery unless such dealings were executed or consummated by or through a member of a contract market, which provisions were transferred to section 6(a) of this title, and broadened remaining provisions, formerly designated as par. (2), to prohibit false representations that a person is registered with the Commission in any capacity, and not only as a futures commission merchant, as previously provided.

Statutory Notes and Related Subsidiaries

Effective Date

of 1983 AmendmentAmendment by Pub. L. 97–444 effective Jan. 11, 1983, see section 239 of Pub. L. 97–444, set out as a note under section 2 of this title.

Effective Date

For

Effective Date

of section, see section 13 of act June 15, 1936, set out as an

Effective Date

of 1936 Amendment note under section 1 of this title.

Reference

Citations & Metadata

Citation

7 U.S.C. § 6h

Title 7Agriculture

Last Updated

Apr 6, 2026

Release point: 119-73