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Code · BILL · 117th Congress · S. 3353 (Introduced in Senate) — To provide solutions to the United States energy crisis, and for other purposes. · Sec. 8

Sec. 8. Reporting and recordkeeping

248 words·~1 min read·/bill/117/s/3353/is/section-8·

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Section 4g of the Commodity Exchange Act ( 7 U.S.C. 6g ) is amended by adding at the end the following: The Commission shall— not later than 180 days after the date of enactment of this subsection, issue a proposed rule regarding routine reporting requirements for index traders (as defined by the Commission) and swap dealers in energy and agricultural transactions (as defined by the Commission) within the jurisdiction of the Commission; not later than 270 days after the date of enactment of this subsection, issue a final rule regarding the reporting requirements described in paragraph (1); and subject to section 8, disaggregate and make publicly available monthly information on the positions and value of index funds and other passive, long-only positions in the energy and agricultural futures markets (as defined by the Commission). .
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 report describing— the scope of commodity index trading in the futures markets; whether classification of index traders and swap dealers in the futures markets can be improved for regulatory and reporting purposes; and whether, based on a review of the trading practices for index traders in the futures markets— index trading activity is adversely impacting the price discovery process in the futures markets; and different practices and controls should be required.
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Sec. 8
Reporting and recordkeeping
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