Business Meeting to Consider the Commodity Futures Trading Commission Reauthorization Act of 2007
The House Committee on Agriculture approved by voice vote a bipartisan measure to reauthorize the Commodity Futures Trading Commission (CFTC). The Chairman’s Mark, sponsored by Congressman Bob Etheridge of North Carolina, reauthorizes CFTC until fiscal year 2013, strengthens the Commission’s authority over retail foreign exchange trading, increases civil penalties, and implements the Commission’s recommendations on improving oversight of Exempt Commercial Markets (ECMs).
(all adopted by voice vote):
Rep. David Scott Amendment, regarding cleared and non-cleared price discovery contracts
Publication: Section by Section Analysis of CFTC Reauthorization