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18 U.S.C. § 1348

Title 18 Chapter 63 Current through PL 118-3 Last updated: March 29, 2026 View on OLRC →
Sections in this chapter

§ 1348. Securities and commodities fraud

Whoever knowingly executes, or attempts to execute, a scheme or artifice—

  • (1) 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 ( 15 U.S.C. 78 l ) or that is required to file reports under section 15(d) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78 o (d)); or
  • (2) 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 ( 15 U.S.C. 78 l ) or that is required to file reports under section 15(d) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78 o (d));

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