Chattel Mortgage in Commercial Transactions Code No. 6750 dated 20.10.2016, was adopted in order to facilitate access to finance, entered into force on 01.01.2017 in our country. A new type of nondelivery and registered pledge of movables has been issued in the Code. Upon close examination of the Code, it is observed that there are remarkable regulations regarding the establishment, provisions and results of the pledge. Again, apart from pursuing under general provisions on the debtor’s default, the elective rights afforded to the creditor are noteworthy. At the beginning of these rights is the right to demand the transfer of ownership of the pledged movable. The Code is also notable in terms of the language used. In this Code, some concepts which are not consciously included in the basic codes such as Turkish Civil Code No. 4721 and Turkish Commercial Code No. 6102 are used. In addition, The Code on the Pledge of Movables in Commercial Transactions is still controversial, even though it is two and a half years since it came into force. At the top of the controversial issues is the question of what should be understood from the phrase “commercial transaction”, which is also mentioned in the name of the Code, and whether there is a criterion in determining the application area of the Code. Discrimination from the fundamental principles adopted in pledge law is another important topic of discussion. Some of the discussions are caused by secondary legislation arrangements made in relation to the Code. Some of the regulations contained in the secondary legislation enacted to ensure the implementation of the code are clearly contrary to the Code. In this study, the provisions of The Code on the Pledge of Movables in Commercial Transactions and the related secondary legislation are examined in terms of Civil Law and Commercial Law.