3.0.0 1225 2023-01-11T13:18:38Z 2023-01-11T13:18:38Z Senate S S 2009-06-10 111 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Standing Referred to 2009-06-10T18:20:45Z Energy Market Manipulation Prevention Act 111 2869 HR 2010-06-22 Referred to the Subcommittee on General Farm Commodities and Risk Management. Identical bill CRS 2009-06-10 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. IntroReferral 2009-06-10 Sponsor introductory remarks on measure. (CR S6456-6457) IntroReferral B00100 9 Library of Congress 2009-06-10 Introduced in Senate IntroReferral 10000 9 Library of Congress S000033 Sen. Sanders, Bernard [I-VT] Bernard Sanders I VT N B001265 Sen. Begich, Mark [D-AK] Mark Begich D AK 2009-06-11 False N000032 Sen. Nelson, Bill [D-FL] CLARENCE NELSON D FL WILLIAM 2009-06-11 False Finance and Financial Sector Banking and financial institutions regulation Commodities markets Commodity Futures Trading Commission Energy prices Oil and gas Finance and Financial Sector 00 2009-06-10 Introduced in Senate 2009-09-04T15:48:13Z 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 subject to strict position limits; (2) require immediately hedge funds engaged in energy futures trading to register as noncommercial participants subject to strict speculation limits; (3) eliminate conflicts of interest in which one entity has a hand in predicting oil prices, operating oil assets, and buying or selling oil derivatives; and (4) revoke immediately each staff no-action letter that covers a foreign board of trade that has established trading terminals in this country to trade U.S. commodities to U.S. investors.

]]> Energy Market Manipulation Prevention Act Display Title Energy Market Manipulation Prevention Act Official Title as Introduced A bill to require the Commodity Futures Trading Commission to take certain actions to prevent the manipulation of energy markets, and for other purposes. Introduced in Senate IS Short Titles as Introduced Energy Market Manipulation Prevention Act Introduced in Senate 2009-06-10T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s1225is/xml/BILLS-111s1225is.xml 2009-06-10 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.