(a) A person registered with the federal Commodity Futures Trading Commission as a futures commission merchant or as a leverage transaction merchant whose activities require registration;
(b) A person affiliated with, and whose obligations and liabilities under the transaction are guaranteed by, a person referred to in paragraph (a) of this subsection;
(c) A person who is a member of a contract market designated by the federal Commodity Futures Trading Commission or any clearinghouse thereof;
(d) A financial institution;
(e) A person registered under the Oregon Securities Law, as cited in ORS 59.005, as a broker-dealer; or
(f) A contract market designated by the federal Commodity Futures Trading Commission or any clearinghouse thereof or a securities exchange registered with the federal Securities and Exchange Commission.
(2) The exemption provided by this section shall not apply to any transaction or activity which is prohibited by the federal Commodity Exchange Act or rules adopted by the federal Commodity Futures Trading Commission. [1987 c.148 ยง5]
Structure 2021 Oregon Revised Statutes
Volume : 16 - Trade Practices, Labor and Employment
Chapter 645 - Commodity Transactions
Section 645.005 - Definitions.
Section 645.010 - Commodity contract or option transactions prohibited; exception.
Section 645.015 - Persons exempt from prohibition; effect of federal law.
Section 645.020 - Transactions exempt from prohibition.
Section 645.025 - Applicability of ORS 645.010, 645.035 and 645.040.
Section 645.030 - When transactions are considered to occur in this state.
Section 645.035 - Commodity merchant required to comply with federal law.
Section 645.200 - General authority to administer chapter.
Section 645.210 - Investigatory power; compliance with subpoenas.
Section 645.215 - Notice of orders; hearing.