Title 7AgricultureRelease 119-73not60

§12d Commission Action for Noncompliance with Export Sales Reporting Requirements

Title 7 › Chapter 1— COMMODITY EXCHANGES › § 12d

Last updated Apr 3, 2026|Official source

Summary

The Commission may, following the chapter’s procedures, deny, suspend, or revoke a person’s registration and bar them from Commission‑regulated markets. This can happen if a final U.S. court or federal agency order finds they knowingly violated the export sales reporting rules in section 612c–3.

Full Legal Text

Title 7, §12d

Agriculture — Source: USLM XML via OLRC

The Commission may, in accordance with the procedures provided for in this chapter, refuse to register, register conditionally, or suspend, place restrictions upon, or revoke the registration of, any person, and may bar for any period as it deems appropriate any person from using or participating in any manner in any market regulated by the Commission, if such person is subject to a final decision or order of any court of competent jurisdiction or agency of the United States finding such person to have knowingly violated any provision of the export sales reporting requirements of section 612c–3 11 See References in Text note below. of this title, or of any regulation issued thereunder.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 612c–3 of this title, referred to in text, was repealed by Pub. L. 101–624, title XV, § 1578, Nov. 28, 1990, 104 Stat. 3702.

Statutory Notes and Related Subsidiaries

Effective Date

Section effective Jan. 11, 1983, see section 239 of Pub. L. 97–444, set out as an

Effective Date

of 1983 Amendment note under section 2 of this title.

Reference

Citations & Metadata

Citation

7 U.S.C. § 12d

Title 7Agriculture

Last Updated

Apr 3, 2026

Release point: 119-73not60