Increases regulation and transparency of futures, options and over the counter markets. The goal is to prevent price distortions resulting from unrestrained speculative trading. Gives the Commodity Futures Trading Commission (CFTC) more oversight power of markets including the ability to suspend trading under certain circumstances, set trading limits for some commodities and to prosecute violators. CFTC and the Securities and Exchange Commission (SEC) maintain clearing power over transactions and CFTC must report the trading activity of index funds and swap dealers in agriculture and energy markets. Requires foreign traders (such as from London's financial center) to share trading data.
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