Oregon § 645.015 Persons exempt from prohibition; effect of federal law

Oregon Statutes

§ 645.015 — Persons exempt from prohibition; effect of federal law

Oregon § 645.015

Vol.16

Title 50Trade Regulations and Practices

Ch. 645Commodity Transactions

This text of Oregon § 645.015 (Persons exempt from prohibition; effect of federal law) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 645.015 (2026).

Text

(1)The prohibitions in ORS 645.010 shall not apply to any transaction by:

(a)A person registered with the federal Commodity Futures Trading Commission as a futures commission merchant or as a leverage transaction merchant whose activities require registration;

(b)A person affiliated with, and whose obligations and liabilities under the transaction are guaranteed by, a person referred to in paragraph (a) of this subsection;

(c)A person who is a member of a contract market designated by the federal Commodity Futures Trading Commission or any clearinghouse thereof;

(d)A financial institution;

(e)A person registered under the Oregon Securities Law, as cited in ORS 59.005, as a broker-dealer; or

(f)A contract market designated by the federal Commodity Futures Trading Commission or any cl

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(1) The prohibitions in ORS 645.010 shall not apply to any transaction by:
(a) A person registered with the federal Commodity Futures Trading Commission as a futures commission merchant or as a leverage transaction merchant whose activities require registration;
(b) A person affiliated with, and whose obligations and liabilities under the transaction are guaranteed by, a person referred to in paragraph (a) of this subsection;
(c) A person who is a member of a contract market designated by the federal Commodity Futures Trading Commission or any clearinghouse thereof;
(d) A financial institution;
(e) A person registered under the Oregon Securities Law, as cited in ORS 59.005, as a broker-dealer; or
(f) A contract market designated by the federal Commodity Futures Trading Commission or any clearinghouse thereof or a securities exchange registered with the federal Securities and Exchange Commission.
(2) The exemption provided by this section shall not apply to any transaction or activity which is prohibited by the federal Commodity Exchange Act or rules adopted by the federal Commodity Futures Trading Commission.