### Question
How does COMMODITY EXCHANGES define introducing broker?


### Answer
Under *7 U.S.C. § 1a*, **introducing broker** is defined as:

> any person (except an individual who elects to be and is registered as an associated person of a futures commission merchant)—


(i) who—


(I) is engaged in soliciting or in accepting orders for—


(aa) the purchase or sale of any commodity for future delivery, security futures product, or swap

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

