Although the Commodity Futures Modernization Act has primarily influenced the non-agricultural sector of the futures industry, as a fanner and member of the Agriculture Committee I am particularly interested in agricultural trading and hedging on the: futures market. When regulating the securities futures activities of Members registered as broker-dealers under Section 15(b)(11) of the Exchange Act, however, Section 15A(k)(2)(B) of the Exchange Act requires NFA to impose requirements reasonably comparable to those of national securities associations registered under Section 15A(a) of the Exchange Act. Commodity Futures Modernization Act PUBLIC LAW 106–554—DEC. 21, 2000 114 STAT. 2763 *Public Law 106–554 106th Congress An Act Making consolidated appropriations for the fiscal year ending September 30, 2001, and for other purposes. Be it enacted by the Senate and House of Representatives of The Commodity Futures Modernization Act of 2000 amended the Securities Exchange Act of 1934 to require NFA to "have rules that ensure that members and natural persons associated with members meet such standards of training, experience, and competence necessary to effect transactions in security futures products and are tested for their knowledge S. 2697, The Commodity Futures Modernization Act of 2000. By Chairman Arthur Levitt U.S. Securities & Exchange Commission. Before the Committee on Agriculture, Nutrition, and Forestry and Committee on Banking, Housing, and Urban Affairs United States Senate June 21, 2000 . Chairman Lugar, Chairman Gramm, and Members of the Committees:
commodity exchange act - CFTC May 11, 2001 ment of the Commodity Futures Modernization Act of 2000, has, or is one of a group of vehicles under common control or management having comex060601.pdf 88–285 pdf 2003 2003 commodity futures modernization act hearings before the subcommittee on general farm commodities and risk management of the committee on agriculture house of representatives one hundred eighth congress first session june 5 and 19, 2003 serial no. 108–8 page 2 prev page top of doc printed for the use of the committee on Commodity Futures Markets Executive Summary Since the passage of the Commodity Futures Modernization Act of 2000, new institutional non-commercial investors have entered the commodities futures market. These investors have been dubbed “Massive Passives.” This term refers to a group of institutional investors that own commodities futures. They
COMMODITY FUTURES MODERNIZATION ACT OF 2000 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. ø7 U.S.C. 1 note¿ SHORT TITLE; TABLE OF CONTENTS. (a) SHORT TITLE.—This Act may be cited as the ‘‘Commodity Futures Modernization Act of 2000’’. * * * * * * * Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; TABLE OF CONTENTS. (a) Short Title.--This Act may be cited as the ``Commodity Futures Modernization Act of 2000''. Commodity Futures Modernization Act of 2000 - Title I: Commodity Futures Modernization - Amends the Commodity Exchange Act to authorize appropriations for authorities and activities under such Act. Revises specified provisions, including: (1) over-the-counter derivatives; (2) futures exchange regulation; (3) contracts; (4) prohibited transactions; and (5) boards of trade. commodity exchange act - CFTC May 11, 2001 ment of the Commodity Futures Modernization Act of 2000, has, or is one of a group of vehicles under common control or management having comex060601.pdf 88–285 pdf 2003 2003 commodity futures modernization act hearings before the subcommittee on general farm commodities and risk management of the committee on agriculture house of representatives one hundred eighth congress first session june 5 and 19, 2003 serial no. 108–8 page 2 prev page top of doc printed for the use of the committee on Commodity Futures Markets Executive Summary Since the passage of the Commodity Futures Modernization Act of 2000, new institutional non-commercial investors have entered the commodities futures market. These investors have been dubbed “Massive Passives.” This term refers to a group of institutional investors that own commodities futures. They
commodity exchange act - CFTC May 11, 2001 ment of the Commodity Futures Modernization Act of 2000, has, or is one of a group of vehicles under common control or management having comex060601.pdf 88–285 pdf 2003 2003 commodity futures modernization act hearings before the subcommittee on general farm commodities and risk management of the committee on agriculture house of representatives one hundred eighth congress first session june 5 and 19, 2003 serial no. 108–8 page 2 prev page top of doc printed for the use of the committee on Commodity Futures Markets Executive Summary Since the passage of the Commodity Futures Modernization Act of 2000, new institutional non-commercial investors have entered the commodities futures market. These investors have been dubbed “Massive Passives.” This term refers to a group of institutional investors that own commodities futures. They I 106TH CONGRESS 2D SESSION H. R. 5660 To reauthorize and amend the Commodity Exchange Act to promote legal certainty, enhance competition, and reduce systemic risk in markets for futures and over-the-counter derivatives, and for other purposes. ‘ (C) Within 1 year after the date of the enactment of the Commodity Futures Modernization Act of 2000, the Commission and the Securities and Exchange Commission jointly shall adopt rules or regulations that set forth the requirements under subparagraph (B) (iv).
COMMODITY FUTURES MODERNIZATION ACT OF 2000 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. ø7 U.S.C. 1 note¿ SHORT TITLE; TABLE OF CONTENTS. (a) SHORT TITLE.—This Act may be cited as the ‘‘Commodity Futures Modernization Act of 2000’’. * * * * * * * Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; TABLE OF CONTENTS. (a) Short Title.--This Act may be cited as the ``Commodity Futures Modernization Act of 2000''. Commodity Futures Modernization Act of 2000 - Title I: Commodity Futures Modernization - Amends the Commodity Exchange Act to authorize appropriations for authorities and activities under such Act. Revises specified provisions, including: (1) over-the-counter derivatives; (2) futures exchange regulation; (3) contracts; (4) prohibited transactions; and (5) boards of trade. commodity exchange act - CFTC May 11, 2001 ment of the Commodity Futures Modernization Act of 2000, has, or is one of a group of vehicles under common control or management having comex060601.pdf 88–285 pdf 2003 2003 commodity futures modernization act hearings before the subcommittee on general farm commodities and risk management of the committee on agriculture house of representatives one hundred eighth congress first session june 5 and 19, 2003 serial no. 108–8 page 2 prev page top of doc printed for the use of the committee on