Section 22-1709 - Bucketing, and bucket-shopping and bucket-shops; definitions. [Repealed]

Bucketing, and bucket-shopping and bucket-shops; definitions. [Repealed]

CREDIT(S)

(Mar. 3, 1901, ch. 854, § 869a; Mar. 1, 1909, 35 Stat. 670, ch. 233; May 21, 1994, D.C. Law 10-119, § 2(m), 41 DCR 1639; Apr. 29, 2004, D.C. Law 15-154, § 3(g), 50 DCR 10996.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 22-1509.
1973 Ed., § 22-1509.
Legislative History of Laws
For legislative history of D.C. Law 10-119, see Historical and Statutory Notes following § 22-1701.
For Law 15-154, see notes following § 22-101.
Miscellaneous Notes
Effect of state law prohibiting or regulating operation of bucket-shops: Section 4 of the Act of October 13, 1982, Pub. L. 97-303 provided that no state law which prohibits or regulates the operation of “bucket-shops” or other similar or related activities shall invalidate any put, call, straddle, option, privilege, or other security, or apply to any activity which is incidental or related to the offer, purchase, sale, exercise, settlement, or closeout of any such instrument, if such instrument is traded pursuant to rules and regulations to a self-regulatory organization that are filed with the Securities and Exchange Commission pursuant to § 19(b) of the Securities Exchange Act of 1934.

Current through September 13, 2012