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15 U.S.C. § 717u — Jurisdiction of offenses; enforcement of li-
Federal law — U.S. Code and appendices · legal_authorities
Page 1202
TITLE 15—COMMERCE AND TRADE
§ 717u
the Commodity Futures Trading Commission
under the Commodity Exchange Act (7 U.S.C. 1
et seq.).
(d) Compliance with requirements
(1) The Commission shall not condition access
to interstate pipeline transportation on the re-
porting requirements of this section.
(2) The Commission shall not require natural
gas producers, processors, or users who have a de
minimis market presence to comply with the re-
porting requirements of this section.
(e) Retroactive effect
(1) Except as provided in paragraph (2), no per-
son shall be subject to any civil penalty under
this section with respect to any violation occur-
ring more than 3 years before the date on which
the person is provided notice of the proposed
penalty under section 717t–1(b) of this title.
(2) Paragraph (1) shall not apply in any case in
which the Commission finds that a seller that
has entered into a contract for the transpor-
tation or sale of natural gas subject to the juris-
diction of the Commission has engaged in fraud-
ulent market manipulation activities materi-
ally affecting the contract in violation of sec-
tion 717c–1 of this title.
(June 21, 1938, ch. 556, § 23, as added Pub. L.
109–58, title III, § 316, Aug. 8, 2005, 119 Stat. 691.)
Editorial Notes
REFERENCES IN TEXT
The Commodity Exchange Act, referred to in subsec.
(c)(2), is act Sept. 21, 1922, ch. 369, 42 Stat. 998, which is
classified generally to chapter 1 (§ 1 et seq.) of Title 7,
Agriculture. For complete classification of this Act to
the Code, see section 1 of Title 7 and Tables.
PRIOR PROVISIONS
A prior section 23 of act June 21, 1938, was renum-
bered section 25 and is classified to section 717v of this
title.
§ 717u. Jurisdiction of offenses; enforcement of li-
abiliti
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Page 1202
TITLE 15—COMMERCE AND TRADE
§ 717u
the Commodity Futures Trading Commission
under the Commodity Exchange Act (7 U.S.C. 1
et seq.).
(d) Compliance with requirements
(1) The Commission shall not condition access
to interstate pipeline transportation on the re-
porting requirements of this section.
(2) The Commission shall not require natural
gas producers, processors, or users who have a de
minimis market presence to comply with the re-
porting requirements of this section.
(e) Retroactive effect
(1) Except as provided in paragraph (2), no per-
son shall be subject to any civil penalty under
this section with respect to any violation occur-
ring more than 3 years before the date on which
the person is provided notice of the proposed
penalty under section 717t–1(b) of this title.
(2) Paragraph (1) shall not apply in any case in
which the Commission finds that a seller that
has entered into a contract for the transpor-
tation or sale of natural gas subject to the juris-
diction of the Commission has engaged in fraud-
ulent market manipulation activities materi-
ally affecting the contract in violation of sec-
tion 717c–1 of this title.
(June 21, 1938, ch. 556, § 23, as added Pub. L.
109–58, title III, § 316, Aug. 8, 2005, 119 Stat. 691.)
Editorial Notes
REFERENCES IN TEXT
The Commodity Exchange Act, referred to in subsec.
(c)(2), is act Sept. 21, 1922, ch. 369, 42 Stat. 998, which is
classified generally to chapter 1 (§ 1 et seq.) of Title 7,
Agriculture. For complete classification of this Act to
the Code, see section 1 of Title 7 and Tables.
PRIOR PROVISIONS
A prior section 23 of act June 21, 1938, was renum-
bered section 25 and is classified to section 717v of this
title.
§ 717u. Jurisdiction of offenses; enforcement of li-
abilities and duties
The District Courts of the United States and
the United States courts of any Territory or
other place subject to the jurisdiction of the
United States shall have exclusive jurisdiction
of violations of this chapter or the rules, regula-
tions, and orders thereunder, and of all suits in
equity and actions at law brought to enforce any
liability or duty created by, or to enjoin any
violation of, this chapter or any rule, regula-
tion, or order thereunder. Any criminal pro-
ceeding shall be brought in the district wherein
any act or transaction constituting the viola-
tion occurred. Any suit or action to enforce any
liability or duty created by, or to enjoin any
violation of, this chapter or any rule, regula-
tion, or order thereunder may be brought in any
such district or in the district wherein the de-
fendant is an inhabitant, and process in such
cases may be served wherever the defendant
may be found. Judgments and decrees so ren-
dered shall be subject to review as provided in
sections 1254, 1291, and 1292 of title 28. No costs
shall be assessed against the Commission in any
judicial proceeding by or against the Commis-
sion under this chapter.
(June 21, 1938, ch. 556, § 24, formerly § 22, 52 Stat.
833; June 25, 1948, ch. 646, § 1, 62 Stat. 875, 895; re-
numbered
§ 24,
Pub.
L.
109–58,
title
III,
§ 314(b)(1)(A), Aug. 8, 2005, 119 Stat. 690.)
Editorial Notes
CODIFICATION
The words ‘‘the District Court of the United States
for the District of Columbia’’ following ‘‘The District
Courts of the United States’’ omitted as superfluous in
view of section 132(a) of Title 28, Judiciary and Judicial
Procedure, which states that ‘‘There shall be in each
judicial district a district court which shall be a court
of record known as the United States District Court for
the district’’ and section 88 of title 28 which states that
‘‘The District of Columbia constitutes one judicial dis-
trict’’.
‘‘Sections 1254, 1291, and 1292 of title 28’’ substituted
in text for ‘‘sections 128 and 240 of the Judicial Code, as
amended [28 U.S.C. 225 and 347]’’ on authority of act
June 25, 1948, ch. 646, 62 Stat. 869, the first section of
which enacted Title 28.
PRIOR PROVISIONS
A prior section 24 of act June 21, 1938, was renum-
bered section 26 and is classified to section 717w of this
title.
§ 717v. Separability
If any provision of this chapter, or the applica-
tion of such provision to any person or cir-
cumstance, shall be held invalid, the remainder
of the chapter, and the application of such pro-
vision to persons or circumstances other than
those as to which it is held invalid, shall not be
affected thereby.
(June 21, 1938, ch. 556, § 25, formerly § 23, 52 Stat.
833; renumbered § 25, Pub. L. 109–58, title III,
§ 314(b)(1)(A), Aug. 8, 2005, 119 Stat. 690.)
§ 717w. Short title
This chapter may be cited as the ‘‘Natural Gas
Act.’’
(June 21, 1938, ch. 556, § 26, formerly § 24, 52 Stat.
833; renumbered § 26, Pub. L. 109–58, title III,
§ 314(b)(1)(A), Aug. 8, 2005, 119 Stat. 690.)
Statutory Notes and Related Subsidiaries
SHORT TITLE OF 1988 AMENDMENT
Pub. L. 100–474, § 1, Oct. 6, 1988, 102 Stat. 2302, provided
that: ‘‘This Act [amending section 717f of this title and
enacting provisions set out as a note under section 717f
of this title] may be cited as the ‘Uniform Regulatory
Jurisdiction Act of 1988’.’’
§ 717x. Conserved natural gas
(a) Determination of entitlement
(1) For purposes of determining the natural
gas entitlement of any local distribution com-
pany under any curtailment plan, if the Com-
mission revises any base period established
under such plan, the volumes of natural gas
which such local distribution company dem-
onstrates—
(A) were sold by the local distribution com-
pany, for a priority use immediately before
the implementation of conservation measures,
and
(B) were conserved by reason of the imple-
mentation of such conservation measures,
Cross-references
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Federal law — U.S. Code and appendices · legal_authorities
The District Courts of the United States and the United States courts of any Territory or other place subject to the jurisdiction of the United States shall have exclusive jurisdiction of violations of this chapter or the rules, regulations, and orders thereunder, and of all suits in equity and actions at law brought to enforce any liability or duty created by, or to enjoin any violation of, this chapter or any rule, regulation, or order thereunder. Any criminal proceeding shall be brought in the district wherein any act or transaction constituting the violation occurred. Any suit or action to enforce any liability or duty created by, or to enjoin any violation of, this chapter or any rule, regulation, or order thereunder may be brought in any such district or in the district wherein the defendant is an inhabitant, and process in such cases may be served wherever the defendant may be found. Judgments and decrees so rendered shall be subject to review as provided in sections 1254, 1291, and 1292 of title 28. No costs shall be assessed against the Commission in any judicial proceeding by or against the Commission under this chapter.
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Federal law — U.S. Code and appendices · legal_authorities
This chapter may be cited as the “Commodity Exchange Act.”
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1
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Federal law — U.S. Code and appendices · legal_authorities
Page 5
TITLE 7—AGRICULTURE
§ 1
§ 1. Short title
This chapter may be cited as the ‘‘Commodity
Exchange Act.’’
(Sept. 21, 1922, ch. 369, § 1, 42 Stat. 998; June 15,
1936, ch. 545, § 1, 49 Stat. 1491.)
Editorial Notes
PRIOR PROVISIONS
This chapter superseded act Aug. 24, 1921, ch. 86, 42
Stat. 187, known as ‘‘The Future Trading Act,’’ which
act was declared unconstitutional, at least in part, in
Hill v. Wallace, Ill. 1922, 42 S.Ct. 453, 259 U.S. 44, 66 L.Ed.
822. Section 3 of that act was found unconstitutional as
imposing a penalty in Trusler v. Crooks, Mo. 1926, 46
S.Ct. 165, 269 U.S. 475, 70 L.Ed. 365.
AMENDMENTS
1936—Act June 15, 1936, substituted ‘‘Commodity Ex-
change Act’’ for ‘‘The Grain Futures Act’’.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE OF 1936 AMENDMENT
Act June 15, 1936, ch. 545, § 13, 49 Stat. 1501, provided
that: ‘‘All provisions of this Act [see Tables for classi-
fication] authorizing the registration of futures com-
mission merchants and floor brokers, the fixing of fees
and charges therefor, the promulgation of rules, regula-
tions and orders, and the holding of hearings precedent
to the promulgation of rules, regulations, and orders
shall be effective immediately. All other provisions of
this Act shall take effect ninety days after the enact-
ment of this Act [June 15, 1936].’’
SHORT TITLE OF 2015 AMENDMENT
Pub. L. 114–1, title III, § 301, Jan. 12, 2015, 129 Stat. 28,
provided that: ‘‘This title [amending section 6s of this
title and section 78o–10 of Title 15, Commerce and
Trade, and enacting provisions set out as a note under
section 6s of this title] may be cited as the ‘Business
Risk Mitigation and Price Stabilization Act of 2015’.’’
SHORT TITLE OF 2008 AMENDMENT
Pub. L. 110–234, title XIII, § 13001, May
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 1
Stored review status: historical_2024_not_currentness_verified. The source passage cites 7 U.S.C. § 1. This identifies an authority to review, not proof of applicability.