To improve consideration by the Commodity Futures Trading Commission of the costs and benefits of its regulations and orders.

Summary

Amends the Commodity Exchange Act to revise the requirement that the Commodity Futures Trading Commission (CFTC), before promulgating a regulation or issuing an order, consider the costs and benefits of the action. Requires the CFTC, through the Office of the Chief Economist, to: (1) assess the costs and benefits, both qualitative and quantitative, of an intended regulation; and (2) propose or adopt a regulation only on a reasoned determination that the benefits justify the costs. Lists additional mandatory considerations for the CFTC to evaluate in making a reasoned determination of the costs and the benefits, including the impact on market liquidity in the futures and swaps markets, as well as alternatives to direct regulation.

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Documents

6 official files

• Reported in House (text)

  Reported in House · EN · 16 May 2012

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• Reported in House (PDF)

  Reported in House · EN · 16 May 2012

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• Reported to House without amendment

  summary · EN · 16 May 2012

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• Introduced in House (text)

  Introduced in House · EN · 11 May 2011

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• Introduced in House (PDF)

  Introduced in House · EN · 11 May 2011

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• Introduced in House

  summary · EN · 11 May 2011

  Open at official source

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