H.RES.1289: Urging the President to direct the Commodity Futures Trading Commission to work with the United Kingdom Financial Services Authority to establish position limits on oil futures traded by traders on the Intercontinental Exchange that are similar to those e

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about law
  • Introduced June 19, 2008
  • Latest Major Action Oct. 3, 2008

Bill Cosponsors

2 (2 Democrats, 1 Republican)

Bill Summary

Urges the Commodity Futures Trading Commission (CFTC) to require institutional investors to abide by position limits already established for the greater crude oil trading community. Urges the President to direct the CFTC to work with the United Kingdom Financial Services Authority to establish position limits on oil futures traded by traders on the Intercontinental Exchange that are similar to those established by the CFTC for traders on the...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Agriculture.
Referred to the Subcommittee on General Farm Commodities and Risk Management.
June 19, 2008

Introduced in the House by Christopher H. Shays (R-Conn.)

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