S.1225: Energy Market Manipulation Prevention Act

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about finance and financial sector
  • Introduced June 10, 2009
  • Latest Major Action June 10, 2009

Bill Cosponsors

2 (2 Democrats, 1 Independent Democrat)

Bill Summary

Energy Market Manipulation Prevention Act - Directs the Commodity Futures Trading Commission (CFTC) to eliminate excessive speculation in energy contract markets, unwarranted energy price fluctuations, or other unlawful activities that prevent energy prices from accurately reflecting supply and demand. Requires the Commission to: (1) classify immediately each bank holding company engaged in energy futures trading as a noncommercial participant...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
June 10, 2009

Introduced in the Senate by Bernard Sanders (ID-Vt.)

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