Commodity Futures Trading Commission Act of 1974: Hearings, Ninety-third Congress, Second Session, on H.R. 11955 |
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action agency antitrust laws believe BERGLAND bill Board of Trade call options cash market Chairman changes Chicago Board Chicago Mercantile Exchange CLAGGETT committee Commodity Exchange Act Commodity Futures Trading commodity markets commodity options commodity pool commodity trading commodity trading advisor CONGRESS THE LIBRARY consumer contract market corn Corporation delivery points DENHOLM Department of Agriculture economic effect farmers firms floor brokers function future delivery futures commission merchant futures contracts futures market Futures Trading Commission going Government grain hearing hedger hedging independent industry injunctive legislation LIBRARY OF CONGRESS liquidity MADUFF margin Minneapolis Grain Exchange modity option trading person position president producers prohibition proposed protection question RARICK reason registered regulation regulatory risk rules securities sell silver soybeans speculative statement STUBBLEFIELD suggest SYMMS Thank thereof THONE tion transactions UHLMANN wheat YEUTTER York Cocoa Exchange ZWACH
Popular passages
Page 391 - The corporation, including its franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority ; except that any real property of the corporation shall be subject to State, Territorial, county, municipal, or local taxation to the same extent according to its value as other real property is taxed.
Page 391 - July 1, 1936, whenever in the judgment of the board of directors such action will reduce the risk or avert a threatened loss to the Corporation and will facilitate a merger or consolidation of an insured bank with another insured bank, or will facilitate the sale of the assets of an open or closed insured bank to and assumption of its liabilities by another insured bank, the Corporation...
Page 100 - ... has violated any of the provisions of this Act or any of the rules, regulations, or orders of the Commission thereunder, the Commission...
Page 101 - ... (9) to direct the contract market whenever it has reason to believe that an emergency exists, to take such action as, in the Commission's judgment, is necessary to maintain or restore orderly trading in, or liquidation of, any futures contract.
Page 317 - ... any provision of this Act or any rule, regulation, or order thereunder, or to aid in the enforcement of the provisions of this Act or in prescribing rules or regulations thereunder, or in obtaining information to serve as a basis for recommending further legislation to the Congress.
Page 66 - ... in writing to a contract market that such contract market effect on its own behalf specified changes in its rules and practices, and after appropriate notice and opportunity for hearing, the Commission determines that such contract market has not made the changes so required, and that such changes are necessary or appropriate for the protection of persons producing, handling, processing, or consuming any commodity traded for future delivery on such contract market...
Page 265 - The prices involved in transactions for future delivery in the commodity for which such designation is sought are, or reasonably can be expected to be, generally quoted and disseminated as a basis for determining prices to producers, merchants, or consumers of such commodity or the products or byproducts thereof, or 2. Such transactions are, or reasonably can be expected to be, utilized by producers, merchants, or consumers...
Page 353 - Agriculture may require. All registrations shall expire on the 31st day of December of the year for which issued, and shall be renewed upon application therefor unless the registration has been suspended {and the period of such suspension has not expired) or revoked after notice and hearing as prescribed in section 4g of this Act.
Page 51 - ... except data and information which would separately disclose the business transactions of any person and trade secrets or names of customers...
Page 353 - ... (2) Any such person desiring to be registered shall make application to the Commission in the form and manner prescribed by the Commission, giving such information and facts as the Commission may deem necessary concerning the applicant. Such person, when registered hereunder, shall likewise continue to report and furnish to the Commission such information as the Commission may require. Such registration shall expire two years after the effective date thereof, and shall be renewed upon application...