commodities trader
Defined in 1 place of the United States Code.
The term “commodities trader” means any person who is a member (or, except as otherwise provided in regulations, is entitled to trade as a member) of a domestic board of trade which is designated as a contract market by the Commodity Futures Trading Commission.
Source
- 1994–present26 U.S.C. § 1258Internal Revenue Code · Recharacterization of gain from certain financial transactions · for purposes of this section