3.0.0 2292 2023-01-11T13:24:52Z 2023-01-11T13:24:52Z House H HR 2013-06-06 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. MARKEY:H.R. 2292.Congress has the power to enact this legislation pursuantto the following:Section 8 of Article I of the United States Constitution[Page H3252]]]> hsag00 Agriculture Committee House Standing hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee Referred to 2013-06-25T13:22:11Z Referred to 2013-06-06T13:04:00Z 2013-06-25 hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee 1 House committee actions Referred to the Subcommittee on General Farm Commodities and Risk Management. Committee 2013-06-06 Referred to the House Committee on Agriculture. IntroReferral H11100 2 House floor actions hsag00 Agriculture Committee 2013-06-06 Sponsor introductory remarks on measure. (CR E817) IntroReferral B00100 9 Library of Congress 2013-06-06 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-06-06 Introduced in House IntroReferral 1000 9 Library of Congress M000133 Rep. Markey, Edward J. [D-MA-5] Edward Markey D MA J. 5 N Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Business records Civil actions and liability Commodities markets Commodity Futures Trading Commission Computers and information technology Fraud offenses and financial crimes Licensing and registrations Securities Technology assessment Finance and Financial Sector 00 2013-06-06 Introduced in House 2013-07-17T18:56:14Z Protection from Rogue Oil Traders Engaging in Computerized Trading Act or PROTECT Act - Amends the Commodities Exchange Act to make it unlawful to engage in an activity that the Commodities Futures Trading Commission (CFTC) has defined as high frequency trading, unless the person has registered with the CFTC as a high frequency trader, and the registration has neither expired nor been suspended or revoked.

Prescribes requirements governing high frequency trading.

Requires the fine for a high frequency trading violation to be based on the number of seconds, including fractions of seconds, during which the violation continued.

Authorizes the CFTC to define the scope of any violation for purposes of determining the number involved in any civil case arising under this Act.

Increases the civil penalties for violations of the prohibition against manipulation and false information with respect to swaps and commodities.

]]> PROTECT Act Display Title PROTECT Act Official Title as Introduced To provide for greater regulation of high frequency trading of commodities futures and options and greater protection for derivatives traders and trading facilities, and for other purposes. Introduced in House IH Short Titles as Introduced PROTECT Act Short Titles as Introduced Protection from Rogue Oil Traders Engaging in Computerized Trading Act Introduced in House 2013-06-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr2292ih/xml/BILLS-113hr2292ih.xml 2013-06-25 Referred to the Subcommittee on General Farm Commodities and Risk Management. 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.