A bill to require the Commodity Futures Trading commission to take certain emergency action to eliminate excessive speculation in energy markets.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jun 26, 2014)
Directs the Commodity Futures Trading Commission (CFTC) to use its authority (including emergency powers) to: (1) to curb immediately the role of excessive speculation in any contract market within its jurisdiction and control on or through which energy futures or swaps are traded; and (2) eliminate excessive speculation, price distortion, sudden or unreasonable fluctuations, or unwarranted changes in prices, or other unlawful activity that is causing major market disturbances that prevent the market from accurately reflecting the forces of supply and demand for energy commodities.
What just happenedJun 26, 2014
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Who’s behind it
- Introduced in SenateJun 26, 2014
- Jun 26, 2014IntroReferral
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
- Jun 26, 2014IntroReferralB00100
Sponsor introductory remarks on measure. (CR S4158-4160)
- Jun 26, 2014IntroReferral10000
Introduced in Senate