Halt Index Trading of Energy Commodities (HITEC) Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Feb 15, 2013)
Halt Index Trading of Energy Commodities (HITEC) Act - Amends the Commodity Exchange Act to declare unlawful for: (1) a commodity index fund to engage in an energy commodity transaction if any person investing in the fund is an excluded investor, (2) an energy commodity index fund to accept an investment from a person who is an excluded investor, or (3) a commodity index fund to hold an investment in an energy commodity if any person investing in the fund is an excluded investor.
Defines "excluded investor" as a person with respect to whom there is no position in an energy commodity which, if held by the person, would be considered a bona fide hedging position.
What just happenedMar 13, 2013
Referred to the Subcommittee on General Farm Commodities and Risk Management.
Who’s behind it
- Introduced in HouseFeb 15, 2013
- Mar 13, 2013Committee
Referred to the Subcommittee on General Farm Commodities and Risk Management.
- Feb 15, 2013IntroReferralH11100
Referred to the House Committee on Agriculture.
- Feb 15, 2013IntroReferralB00100
Sponsor introductory remarks on measure. (CR E165)
- Feb 15, 2013IntroReferralIntro-H
Introduced in House
- Feb 15, 2013IntroReferral1000
Introduced in House