{"identifier":"/us/usc/t18/s1348","title_num":"18","num":"§ 1348.","heading":"Securities and commodities fraud","status":null,"guid":"idbcd898b5-4aa6-11eb-bce4-d6beeb6aa2d0","source_credit":"(Added Pub. L. 107–204, title VIII, § 807(a), July 30, 2002, 116 Stat. 804; amended Pub. L. 111–21, § 2(e)(1), May 20, 2009, 123 Stat. 1618.)","seq_in_title":500,"parent_identifier":"/us/usc/t18/ptI/ch63","ancestors":[{"identifier":"/us/usc/t18","level":"title","num":"Title 18—","heading":"CRIMES AND CRIMINAL PROCEDURE","status":null,"is_section":false},{"identifier":"/us/usc/t18/ptI","level":"part","num":"PART I—","heading":"CRIMES","status":null,"is_section":false},{"identifier":"/us/usc/t18/ptI/ch63","level":"chapter","num":"CHAPTER 63—","heading":"MAIL FRAUD AND OTHER FRAUD OFFENSES","status":null,"is_section":false}],"xml":"<section xmlns=\"http://xml.house.gov/schemas/uslm/1.0\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\" xmlns:dc=\"http://purl.org/dc/elements/1.1/\" xmlns:dcterms=\"http://purl.org/dc/terms/\" style=\"-uslm-lc:I80\" id=\"id74ab5da9-3b28-11eb-ad8c-9fba61cd9daf\" identifier=\"/us/usc/t18/s1348\"><num value=\"1348\">§ 1348.</num><heading> Securities and commodities fraud</heading>\n<chapeau style=\"-uslm-lc:I11\" class=\"indent0\">Whoever knowingly executes, or attempts to execute, a scheme or artifice—</chapeau><paragraph style=\"-uslm-lc:I12\" class=\"indent1\" id=\"id74ab5daa-3b28-11eb-ad8c-9fba61cd9daf\" identifier=\"/us/usc/t18/s1348/1\"><num value=\"1\">(1)</num><content> to defraud any person in connection with any commodity for future delivery, or any option on a commodity for future delivery, or any security of an issuer with a class of securities registered under section 12 of the Securities Exchange Act of 1934 (<ref href=\"/us/usc/t15/s78\">15 U.S.C. 78</ref><i>l</i>) or that is required to file reports under section 15(d) of the Securities Exchange Act of 1934 (<ref href=\"/us/usc/t15/s78\">15 U.S.C. 78</ref><i>o</i>(d)); or</content>\n</paragraph>\n<paragraph style=\"-uslm-lc:I12\" class=\"indent1\" id=\"id74ab5dab-3b28-11eb-ad8c-9fba61cd9daf\" identifier=\"/us/usc/t18/s1348/2\"><num value=\"2\">(2)</num><content> to obtain, by means of false or fraudulent pretenses, representations, or promises, any money or property in connection with the purchase or sale of any commodity for future delivery, or any option on a commodity for future delivery, or any security of an issuer with a class of securities registered under section 12 of the Securities Exchange Act of 1934 (<ref href=\"/us/usc/t15/s78\">15 U.S.C. 78</ref><i>l</i>) or that is required to file reports under section 15(d) of the Securities Exchange Act of 1934 (<ref href=\"/us/usc/t15/s78\">15 U.S.C. 78</ref><i>o</i>(d));</content>\n</paragraph>\n\n<continuation style=\"-uslm-lc:I10\" class=\"indent0 firstIndent0\">shall be fined under this title, or imprisoned not more than 25 years, or both.</continuation>\n<sourceCredit id=\"id74ab5dac-3b28-11eb-ad8c-9fba61cd9daf\">(Added <ref href=\"/us/pl/107/204/tVIII/s807/a\">Pub. L. 107–204, title VIII, § 807(a)</ref>, <date date=\"2002-07-30\">July 30, 2002</date>, <ref href=\"/us/stat/116/804\">116 Stat. 804</ref>; amended <ref href=\"/us/pl/111/21/s2/e/1\">Pub. L. 111–21, § 2(e)(1)</ref>, <date date=\"2009-05-20\">May 20, 2009</date>, <ref href=\"/us/stat/123/1618\">123 Stat. 1618</ref>.)</sourceCredit>\n<notes type=\"uscNote\" id=\"id74ab5dad-3b28-11eb-ad8c-9fba61cd9daf\">\n<note style=\"-uslm-lc:I74\" role=\"crossHeading\" topic=\"editorialNotes\" id=\"id74ab5dae-3b28-11eb-ad8c-9fba61cd9daf\"><heading class=\"centered\"><b>Editorial Notes</b></heading></note>\n<note style=\"-uslm-lc:I74\" topic=\"amendments\" id=\"id74ab5daf-3b28-11eb-ad8c-9fba61cd9daf\"><heading class=\"centered smallCaps\">Amendments</heading><p style=\"-uslm-lc:I21\" class=\"indent0\">2009—<ref href=\"/us/pl/111/21/s2/e/1/A\">Pub. L. 111–21, § 2(e)(1)(A)</ref>, inserted “and commodities” before “fraud” in section catchline.</p>\n<p style=\"-uslm-lc:I21\" class=\"indent0\">Pars. (1), (2). <ref href=\"/us/pl/111/21/s2/e/1/B\">Pub. L. 111–21, § 2(e)(1)(B)</ref>, (C), inserted “any commodity for future delivery, or any option on a commodity for future delivery, or” before “any security”.</p>\n</note>\n</notes>\n</section>","provision":null,"duplicates":[],"release":{"label":"116-252","currency_date":"2020-12-22","congress":116,"law_num":252,"excluded_laws":[],"update_num":null,"seq":222,"is_partial":false,"caveat":null,"titles_affected":["18","20","31","34","40","42"],"ingested_titles":[]},"served_from":{"label":"116-252","currency_date":"2020-12-22","congress":116,"law_num":252,"excluded_laws":[],"update_num":null,"seq":222,"is_partial":false,"caveat":null,"titles_affected":["18","20","31","34","40","42"],"ingested_titles":[]},"content_first_seen":{"label":"116-214","currency_date":"2020-12-05","congress":116,"law_num":214,"excluded_laws":[],"update_num":null,"seq":218,"is_partial":false,"caveat":null,"titles_affected":["02","09","11a","15","16","18","18a","20","21","22","28a","31","37","38","39","40","41","51","52","54"],"ingested_titles":[]},"is_exact":true,"note":null}