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S. 2548

BillFederalSenateIn Committee
A bill to require the Commodity Futures Trading commission to take certain emergency action to eliminate excessive speculation in energy markets.
About This Bill
Committee
Latest Action · June 26, 2014
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Congress
113th (2013–2015)
Introduced
June 26, 2014
Cosponsors (20)
20D 0R
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Summary

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Directs the Commodity Futures Trading Commission (CFTC) to use its authority (including emergency powers) to: (1) to curb immediately the role of excessive speculation in any contract market within its jurisdiction and control on or through which energy futures or swaps are traded; and (2) eliminate excessive speculation, price distortion, sudden or unreasonable fluctuations, or unwarranted changes in prices, or other unlawful activity that is causing major market disturbances that prevent the market from accurately reflecting the forces of supply and demand for energy commodities.

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