(a) Is registered or temporarily licensed with the federal Commodity Futures Trading Commission for each activity constituting such person as a commodity merchant; or
(b) Is exempt from such registration by virtue of the federal Commodity Exchange Act or rules adopted by the federal Commodity Futures Trading Commission.
(2) No board of trade shall trade, or provide a place for the trading of, any commodity contract or commodity option required to be traded on or subject to the rules of a contract market designated by the federal Commodity Futures Trading Commission unless such board of trade is so designated for such commodity contract or commodity option. [1987 c.148 ยง7]
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.