Page:United States Statutes at Large Volume 82.djvu/75

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PUBLIC LAW 90-000—MMMM. DD, 1968

82 STAT. ]

PUBLIC LAW 90-258-FEB. 19, 1968

33

SEC. 21. Section 8a (3) of the Commodity Exchange Act, as amended ^^^pfisTon!"" (7 U.S.C. 12a(3)), is amended by inserting the following at the beginning thereof after " (3) ": "in accordance with the procedure provided for in paragraph (b) of section 6 of this Act, to suspend or revoke the registration of any person registered under this Act if cause exists under subparagraph (2)(B) or (C) which would warrant a refusal of registration of such person, and". SEC. 22. Section 8a (4) of the Commodity Exchange Act, as amended shares^"*^ (7 U.S.C. 12a (4)), is amended by deleting the phrase "and for copies "" ^g^sta't. 535. of registration certificates" appearing therein. SEC. 23. Section 8a of the Commodity Exchange Act, as amended (7 U.S.C. 12a), is further amended as follows: ^9 Stat. 1501. (a) By deleting the word "and" at the end of paragraph (5) and substituting a semicolon for the period at the end of paragraph (6) and adding thereafter the word "and"; and (b) By adding after paragraph (6) the following new paragraph: ^^g!^"'^' '^^^^P"(7) to disapprove any bylaw, rule, regulation, or resolution ^"^""^ ' made, issued or proposed by a contract market or by the governing board thereof or any committee which relates to terms and conditions in contracts of sale to be executed on or subject to the rules of such contract market or relates to other trading requirements, when he finds that such bylaw, rule, regulation, or resolution violates or will violate any of the provisions of this Act, or any of the rules, r e f l a t i o n s, or orders of the Secretary of Agriculture or the commission thereunder." SEC. 24. The Commodity Exchange Act, us.amended, is amended ^i^L^ion^ ^^" by adding after section 8a thereof (7 U.S.C. 12a) the following new section: "SEC. 8b. I t shall be unlawful for any person, against whom there is outstanding any order of the Secretary of Agriculture prohibiting him from trading on or subject to the rules of any contract market, to make or cause to oe made in contravention of such order, any contract for future delivery of any commodity, on or subject to the rules of any contract market." SEC. 25. Section 9 of the Commodity Exchange Act, as amended (7 Penalties. U.S.C. 13), is amended to read as follows: 49 stat^ 150°°^' "SEC. 9. (a) I t shall be a felony punishable by a fine of not more than $10,000 or imprisonment for not more than five years, or both, together with the costs of prosecution, for any futures commission merchant, or any employee or agent thereof, to embezzle, steal, purloin, or with criminal intent convert to his own use or the use of another, any money, securities, or property having a value in excess of $100, which was received by such commission merchant to margin, guarantee, or secure the trades or contracts of any customer of such commission merchant or accruing to such customer as the result of such trades or contracts. The word 'value' as used in this paragraph means face, "vaiue." par, or market value, or cost price, either wholesale or retail, whichever is greater. " (b) It shall be a felony punishable by a fine of not more than $10,000 or imprisonment for not more than five years, or both, together with the costs of prosecution, for any person to manipulate or attempt to manipulate the price of any commodity in interstate commerce, or for future delivery on or subject to the rules of any contract market, or to corner or attempt to corner any such commodity, or knowingly to deliver or cause to be delivered for transmission through the mails or in interstate commerce by telegraph, telephone, wireless, or other means of communication false or misleading or knowingly inaccurate reports concerning crop or market information or conditions that affect or tend to affect the price of any commodity in interstate commerce.