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- S.3131
S.3131: Oil Speculation Control Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about law
- Introduced June 12, 2008
- Latest Major Action June 12, 2008
Bill Sponsor
Bill Summary
Oil Speculation Control Act of 2008 - Amends the Commodity Exchange Act to define "institutional investor" as a long-term investor in financial markets (including pension funds, endowments, and foundations) that invests in energy commodities as an asset class in a portfolio of financial investments and does not take or make physical delivery of energy commodities on a frequent basis.Establishes in the Commodity Futures Trading Commission...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
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| June 12, 2008 |
Introduced in the Senate by Dianne Feinstein (D-Calif.) |