Section 1: Brokers in general

There are freight brokers, ship interpreters and ship drivers, land and water transport brokers.

Goods brokerage may be carried out by any trader.

Brokers of transport by land and water constituted in accordance with the law have alone, in the places where they are established, the right to broker transport by land and water. They may not combine their duties with those of goods brokers or ship’s master brokers, designated in Article L. 131-1.

Investment service providers may, concurrently with commodity brokers, negotiate and broker sales or purchases of metallic materials. They alone have the right to determine the price.

The fact that a broker is entrusted with a brokerage transaction for a matter in which he had a personal interest, without informing the parties to whom he will have acted as intermediary, is punishable by a fine of 3,750 euros without prejudice to the parties’ action for damages. If he is registered on the list of brokers referred to in article L. 131-12, he shall be struck off the…