---
kind: "section"
citation: "7 U.S.C. § 12b"
title: "7"
title_heading: "Agriculture"
number: "12b"
heading: "Trading ban violations; prohibition"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/7/12b"
units:
  - "Chapter 1 — Commodity Exchanges"
---

# §12b. Trading ban violations; prohibition


It shall be unlawful for any [person](/usc/7/1a.md?p=38), against whom there is outstanding any order of the [Commission](/usc/7/1a.md?p=8) prohibiting him from trading on or subject to the rules of any [registered entity](/usc/7/1a.md?p=40), to make or cause to be made in contravention of such order, any contract for [future delivery](/usc/7/1a.md?p=27) of any [commodity](/usc/7/1a.md?p=9), on or subject to the rules of any [registered entity](/usc/7/1a.md?p=40).


## Source credit

(Sept. 21, 1922, ch. 369, § 8b, as added Pub. L. 90–258, § 24, Feb. 19, 1968, 82 Stat. 33; amended Pub. L. 93–463, title I, § 103(a), Oct. 23, 1974, 88 Stat. 1392; Pub. L. 106–554, § 1(a)(5) [title I, § 123(a)(20)], Dec. 21, 2000, 114 Stat. 2763, 2763A–410.)

## Notes

### Editorial Notes

### Amendments

2000—Pub. L. 106–554 substituted “registered entity” for “contract market” in two places.

1974—Pub. L. 93–463 substituted “Commission” for “Secretary of Agriculture”.

### Statutory Notes and Related Subsidiaries

### Effective Date of 1974 Amendment

For effective date of amendment by Pub. L. 93–463 see section 418 of Pub. L. 93–463, set out as a note under section 2 of this title.

### Effective Date

Section effective 120 days after Feb. 19, 1968, see section 28 of Pub. L. 90–258, set out as an Effective Date of 1968 Amendment note under section 2 of this title.