- Commodity Exchange Act
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Commodity Exchange Act (ch. 545, 49 Stat. 1491, enacted June 15, 1936) is a federal act passed in 1936 by the U.S. Government (replacing the Grain Futures Act of 1922).
The Act provides federal regulation of all commodities and futures trading activities and requires all futures and commodity options to be traded on organized exchanges. In 1974, the Commodity Futures Trading Commission (CFTC) was created as a result of the Commodity Exchange Act, and in 1982 the National Futures Association (NFA) was created by CFTC.
See also
- Grain Futures Act
- National Futures Association
- Commodity Futures Trading Commission
- Futures exchange
- Futures contract
External links
Categories:- United States federal financial legislation
- United States securities law
- History of the United States (1918–1945)
- Financial markets
- United States federal commodity and futures legislation
- 1936 in law
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