Commodity Exchange Act

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Contents

Overview

Commodity Exchange Act (ch. 545, US Stat-49-1491), enacted June 15, 1936, is a federal act passed in 1936 by the U.S. Government (replacing the Grain Futures Act of 1922.

The Act provides federal regulation of all commodities and futures trading activities and requires all futures and commodity options to be traded on organized exchanges.

The Commodity Futures Trading Commission (CFTC) was created in 1974 as a result of the Commodity Exchange Act, which in 1982 created the National Futures Association (NFA).

The Commodity Exchange Act (CEA) is available at the Cornell University Law School website.

CEA - US Code conversion chart

The CEA section numbers do not always correspond directly to the sections in the U.S. Code where the CEA is codified. As a research tool, we provide a conversion chart that lists the sections of the CEA and the corresponding sections in the U.S. Code. Section 3 of the CEA, for example, is codified at 7 USC 5. This chart has no legal force and is not intended to substitute for review of the statutes to which it refers.

For your convenience, we provide the text of the Commodity Futures Modernization Act of 2000 (Appendix E of P.L.106-554, 114 Stat. 2763).

Also provided is the text of the Food, Conservation, and Energy Act of 2008, PL 110-246, 122 Stat. 2189, Title XIII of which made amendments to the CEA, and the Conference Report.

CFTC regulations

The CFTC’s regulations are found at Title 17 Chapter I of the Code of Federal Regulations (CFR) and are available at the U.S. GPO Access website.

Prior to promulgation and inclusion in the CFR, CFTC proposed and final regulations are published in the Federal Register.

CFTC Current Unified Agenda

References

US Code--Title 7--Chapter 1 (Commodity Exchange Act)

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