South Carolina § 39-73-30 Purchasers or sellers as to whom prohibition not applicable.

South Carolina Statutes

§ 39-73-30 — Purchasers or sellers as to whom prohibition not applicable.

South Carolina § 39-73-30

Title 39TRADE AND COMMERCE

Ch. 73STATE COMMODITY CODE

This text of South Carolina § 39-73-30 (Purchasers or sellers as to whom prohibition not applicable.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 39-73-30 (2026).

Text

(A)The prohibitions in Section 39-73-20 do not apply to transactions offered by and in which any of the following persons, or an employee, an officer, or a director of them acting solely in that capacity, is the purchaser or seller:

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

(2)a person registered with the Securities and Exchange Commission as a broker-dealer whose activities require registration;

(3)a person affiliated with, and whose obligations and liabilities under the transaction are guaranteed by, a person referred to in item (1) or (2);

(4)a person who is a member of a contract market designated by the Commodity Futures Trading Commission, or c

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(A) The prohibitions in Section 39-73-20 do not apply to transactions offered by and in which any of the following persons, or an employee, an officer, or a director of them acting solely in that capacity, is the purchaser or seller: (1) a person registered with the Commodity Futures Trading Commission as a futures commission merchant or as a leverage transaction merchant whose activities require registration; (2) a person registered with the Securities and Exchange Commission as a broker-dealer whose activities require registration; (3) a person affiliated with, and whose obligations and liabilities under the transaction are guaranteed by, a person referred to in item (1) or (2); (4) a person who is a member of a contract market designated by the Commodity Futures Trading Commission, or clearinghouse of it; (5) a financial institution; (6) a person registered under the laws of this State as a securities broker-dealer whose activities require registration. (B) The exemptions in this section do not apply to a transaction or an activity prohibited by the Commodity Exchange Act or a CFTC Rule.