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- H.R.6264
H.R.6264: To prevent excessive speculation in over-the-counter derivatives markets for certain energy commodities by limiting participation in those markets to persons who are capable of producing, manufacturing, or taking physical delivery of the commodities.
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about energy
- Introduced June 12, 2008
- Latest Major Action Nov. 19, 2008
Bill Sponsor
Bill Cosponsors
121 (115 Democrats, 7 Republicans)
Bill Summary
Amends the Commodity Exchange Act to make it unlawful for a person to enter into or execute an otherwise excluded swap transaction or exempt transaction involving crude oil, heating oil, gasoline, or diesel fuel (specified energy commodity), unless the person has been certified by the Commodities Future Trading Commission (CFTC) as having the capacity of accepting physical delivery of the commodity. Makes it unlawful, as well, for any person...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
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Referred to the House Committee on Agriculture.
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Referred to the Subcommittee on General Farm Commodities and Risk Management.
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| June 12, 2008 |
Introduced in the House by John B. Larson (D-Conn.) |