Oregon Code § 59.780·Enacted ·Last updated March 01, 2026
Statute Text
Brokers
trading against customers order; violation of ORS 59.780 to 59.800 by member
of brokers firm.
(1) No broker, employed by a customer to buy and carry upon margin stocks or
bonds, while acting as broker for the customer in respect to such stocks or
bonds, shall sell for the brokers own account the same kind or issue of stocks
or bonds, with intent to trade against the customers order.
(2) No broker,
employed by a customer to sell stocks or bonds, while acting as broker for the
customer in respect to the sale of such stocks or bonds, shall purchase for the
brokers own account the same kind or issue of stocks or bonds, with intent to
trade against the customers order.
(3) Every member
of a firm of brokers who either does, or consents or assents to the doing of,
any act prohibited by this section, ORS 59.790 or 59.800 is guilty of violating
the section prohibiting the act.
Plain English Explanation
This Oregon statute addresses Brokers
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 59.780
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Brokers
. Read the full statute text above for details.
This page reflects the current text as of our last update. Always verify with the official Oregon legislature website for the most current version.
The formal citation is Oregon Code § 59.780. Use this format in legal documents and court filings.
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