HR 9829 · 95th Congress · Agriculture and Food
A bill to direct the Commodity Futures Trading Commission to regulate brokers who engage in forward contracting in connection with producers of agriculture crops.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Agriculture.(1977-10-31)
Plain Language Summary
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Directs the Commodity Futures Trading Commission to prescribe regulations, including registration requirements, for brokers who engage in forward contracting for the purpose of merchandising a particular quantity of an agricultural crop by shifting the ownership of such quantity from the producer of the crop to another party as a result of such a contract and of the future delivery of, and payment for, such quantity of the crop.…
Summarized by Claude AI · Non-partisan · For informational purposes only