Energy Trading Oversight Act
Last action on Mar 14, 2002Referred to the Subcommittee on Farm Commodities and Risk...
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Summary
Energy Trading Oversight Act - Amends the Commodity Exchange Act to repeal the exemption from regulatory oversight granted to contracts or transactions in exempt commodities (energy derivatives) that are entered into solely between eligible commercial entities on a principal-to-principal basis and executed or traded on an electronic trading facility. (Thus places such transactions fully under the jurisdiction of the Commodities Futures Trading Commission).
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