Federal · Title 7 — Agriculture

7 U.S.C. § 12b: Trading ban violations; prohibition

Felony

What this law says, in plain English

It is unlawful to trade commodity futures contracts in violation of a Commission trading ban order. The statute prohibits persons subject to such orders from making or causing such contracts to be made.

Read the full statutory text

It shall be unlawful for any person, against whom there is outstanding any order of the Commission prohibiting him from trading on or subject to the rules of any registered entity, to make or cause to be made in contravention of such order, any contract for future delivery of any commodity, on or subject to the rules of any registered entity.

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This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.