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S. 1682

BillFederalSenateIn Committee
Derivatives Market Manipulation Prevention Act of 2009
About This Bill
Committee
Latest Action · September 17, 2009
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S9557-9559)
Congress
111th (2009–2011)
Introduced
September 17, 2009
Cosponsors (5)
4D 0R
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Summary

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Derivatives Market Manipulation Prevention Act of 2009 - Amends the Commodity Exchange Act to prohibit swap and other derivatives market manipulation and the reporting of false information relating to swaps. Subjects violations to specified civil penalties, and grants the Commodity Futures Trading Commission (CFTC) enforcement powers. Extends to swaps the requirements for cease and desist orders and fines against persons (other than a registered entity) for market price manipulations and other violations. Extends private rights of action to contracts connected with a swap.

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