S 3051 · 94th Congress · Agriculture and Food

Commodity Futures Trading Commission Act Amendments

Introduced 1976-02-26· Sponsored by Sen. Dole, Robert J. [R-KS]· Senate

Bill Progress

Introduced
Committee
Senate Vote
4
House
5
Enacted
Latest: Measure passed House, amended.(1976-09-29)

Plain Language Summary

[AI summary unavailable — showing source text] Commodity Futures Trading Commission Act Amendments - Repeals the requirement that the Presidential appointment of an Executive Director of the Commodity Futures Trading Commission be made with the advice and consent of the Senate under the Commodity Futures Trading Commission Act. Repeals the effective date for the registration of commodity trading advisors and commodity pool operators. Requires approval by the Commission of board of trade rules relating to specified commodity exchanges. Requires floor brokers (previously brokers) to maintain daily trading records for each customer. Makes the Commission an "agency of the United States" for specified provisions of law relating to immunity of witnesses.…

Summarized by Claude AI · Non-partisan · For informational purposes only