S. 2222 · 112th Congress
A bill to require the Commodity Futures Trading Commission to take certain actions to reduce excessive…
Full title
A bill to require the Commodity Futures Trading Commission to take certain actions to reduce excessive speculation in energy markets.
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
I
SandersSponsor15 cosponsors · 15 D
D
Brown
RB
D
Blumenthal
BC
D
Cardin
DF
D
Feinstein
AF
D
Franken
AK
D
Klobuchar
BN
D
Nelson
BM
D
Mikulski
CM
D
McCaskill
MB
D
Begich
BC
D
Casey
CL
D
Levin
JT
D
Tester
MP
D
Pryor
JM
D
Merkley7 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Instructs the Commodity Futures Trading Commission (CFTC) to use its authority (including emergency powers) to: (1) to curb immediately the role of excessive speculation in any contract market within its jurisdiction and control that is serving as a platform for the trading of energy futures or swaps; and (2) eliminate excessive speculation, price…
What it does: CRS summary · Introduced in Senate · Mar 21, 2012
Instructs the Commodity Futures Trading Commission (CFTC) to use its authority (including emergency powers) to: (1) to curb immediately the role of excessive speculation in any contract market within its jurisdiction and control that is serving as a platform for the trading of energy futures or swaps; and (2) eliminate excessive speculation, price distortion, sudden or unreasonable fluctuations, unwarranted changes in prices, or other unlawful activity that is causing major market disturbances that prevent the market from accurately reflecting the forces of supply and demand for energy commodities.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A bill to require the Commodity Futures Trading Commission to take certain actions to reduce excessive speculation in energy markets.
Latest action (Mar 21, 2012): Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Mar 21, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.