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Code · BILL · 114th Congress · S. 2917 (Placed on Calendar Senate) — To reauthorize the Commodity Futures Trading Commission, to ensure protections of futures customers, to provide relie... · Sec. 205

Sec. 205. Report on status of any application of metals exchange to register as a foreign board of trade; deadline for action on application

141 words·~1 min read·/bill/114/s/2917/pcs/section-205·

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Not later than 90 days after the date of enactment of this Act, the Commodity Futures Trading Commission shall submit to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate a written report describing— the status of the review by the Commission of any application submitted by a metals exchange to register with the Commission under section 4(b)(1) of the Commodity Exchange Act ( 7 U.S.C. 6(b)(1) ); the status of Commission negotiations with foreign regulators regarding aluminum warehousing; and the status of consultations with all United States market participants concerning metals exchanges and warehousing, including major producers and consumers.
Not later than September 30, 2017, the Commission shall take action on any application described in subsection (a)(1) that is submitted to the Commission on or before August 14, 2012.
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Sec. 205
Report on status of any application of metals exchange to register as a foreign board of trade; deadline for action on application
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