### Question
What does futures commission merchant mean?


### Answer
**Futures commission merchant** has the following meaning in *7 U.S.C. § 1a*:

> an individual, association, partnership, corporation, or trust—


(i) that—


(I) is—


(aa) engaged in soliciting or in accepting orders for—


(AA) the purchase or sale of a commodity for future delivery

#### Citation:
  - *7 U.S.C. § 1a*
  - Heading: **CHAPTER 1-COMMODITY EXCHANGES**

