Commodity Pool Operator Law and Legal Definition
According to 7 USCS § 1a (5) , the term commodity pool operator means “any person engaged in a business that is of the nature of an investment trust, syndicate, or similar form of enterprise, and who, in connection therewith, solicits, accepts, or receives from others, funds, securities, or property, either directly or through capital contributions, the sale of stock or other forms of securities, or otherwise, for the purpose of trading in any commodity for future delivery on or subject to the rules of any contract market or derivatives transaction execution facility, except that the term does not include such persons not within the intent of the definition of the term as the Commission may specify by rule, regulation, or order.”
Legal Definition list
Related Legal Terms
- Affiliate of a Futures Commission Merchant, Commodity Trading Advisor, Commodity Pool Operator or Introducing Broker
- Agricultural Commodity
- Agricultural Commodity Cooperator
- Agricultural Commodity Producer
- Air Taxi Operator
- Aircraft Operator [Aeronautics and Space]
- Airport Operator [HUD]
- Atomic Energy Operator's License
- Bulk Agricultural Commodity
- Cable Operator
