H.R.5768: To amend the Commodity Exchange Act to provide the Commodity Futures Trading Commission authority over off-exchange retail foreign currency transactions, and for other purposes.

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about law
  • Introduced April 10, 2008
  • Latest Major Action Nov. 19, 2008

Bill Cosponsors

2 (All Republicans)

Bill Summary

CFTC Improvement Act of 2008 - Amends the Commodity Exchange Act to revise Commodity Futures Trading Commission (CFTC) jurisdiction over certain agreements, contracts, and transactions in retail foreign currency. Extends coverage to certain future commissions merchants (and affiliated persons) and retail foreign exchange dealers. Requires them to register with the CFTC in order to solicit or accept orders from any person that is not an...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on Agriculture, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Agriculture
Referred to House Financial Services
Referred to the Subcommittee on General Farm Commodities and Risk Management.
Sponsor introductory remarks on measure.
April 10, 2008

Introduced in the House by Rodney Frelinghuysen (R-N.J.)

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