The Commodity Futures Modernization Act (P.L. 106-554)

Jickling, Mark

Library of Congress. Congressional Research Service.

关键词: Finance;    Government regulation;    Derivative securities;    Economic policy;   

RP-ID  :  RS20560
RP-ID  :  RS20560 2003-02-03

美国|英语

来源: UNT Digital Library

【 摘 要 】

The Commodity Futures Modernization Act of 2000 (CFMA) enacted the most sweeping amendments to derivatives law since the creation of the Commodity Futures Trading Commission (CFTC) in 1974. Provisions included major changes in the Commodity Exchange Act (CEA) regarding the regulation of exchange-traded futures contracts, over-the-counter (OTC) derivatives, and “security futures,” contracts based on individual stocks (which were previously prohibited).