Commodity Futures Trading Commission Act of 1974
- Commodity Futures Trading Commission Act of 1974
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Commodity Futures Trading Commission (CFTC) Act of 1974 (P.L. 93-463) created the Commodity Futures Trading Commission, to replace the U.S. Department of Agriculture’s Commodity Exchange Authority, as the independent federal agency responsible for regulating the futures trading industry. The Act made extensive changes in the basic authority of Commodity Exchange Act of 1936, which itself had made extensive changes in the original Grain Futures Act of 1923. (7 U.S.C. 1 et seq.).
References
Categories:
- United States federal agriculture legislation
- United States federal commodity and futures legislation
- 1974 in law
- 93rd United States Congress
- United States federal legislation stubs
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This article incorporates public domain material from the Congressional Research Service document "Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition" by Jasper Womach.
