Futures Trading Act of 1978

Summary

Amends the Commodity Exchange Act to: (1) extend the authority of the Commodity Futures Trading Commission through September 30, 1983; (2) provide for appointment of the Commission Chairman by the President, to serve at the President's pleasure; and (3) prohibit options trading until such time as the Commission can document to Congress its ability to regulate specified options transactions successfully, and 90 calendar days pass without disapproval by either House of the proposed regulations. Grants immunity from prosecution to witnesses claiming self incrimination who testify before the Commodity Futures Trading Commission.

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Timeline

1. 19 January 1978

   Introduced

   Referred to Senate Committee on Agriculture, Nutrition and Forestry.

   Source: IntroReferral

2. 19 January 1978

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 15 May 1978

   Reported

   Reported to Senate from the Committee on Agriculture, Nutrition and Forestry with amendment, S. Rept. 95-850.

   Source: Committee

4. 15 May 1978

   Reported

   Reported to Senate from the Committee on Agriculture, Nutrition and Forestry with amendment, S. Rept. 95-850.

   Source: Committee

5. 12 July 1978

   Floor

   Measure called up by unanimous consent in Senate.

   Source: Floor

6. 12 July 1978

   Vote

   Passed/agreed to in Senate: Measure passed Senate, amended, roll call #210 (84-6).

   Source: Floor

7. 26 July 1978

   ResolvingDifferences

   Conference scheduled in House.

   Source: ResolvingDifferences

8. 26 July 1978

   Passed

   Measure passed House, amended, in lieu of H. R. 10285.

   Source: Floor

9. 26 July 1978

   Passed

   Passed/agreed to in House: Measure passed House, amended, in lieu of H. R. 10285.

   Source: Floor

10. 26 July 1978

    Floor

    Measure called up by unanimous consent in House.

    Source: Floor

11. 28 July 1978

    ResolvingDifferences

    Conference scheduled in Senate.

    Source: ResolvingDifferences

12. 25 September 1978

    ResolvingDifferences

    Conference report filed in Senate, S. Rept. 95-1239.

    Source: ResolvingDifferences

13. 25 September 1978

    ResolvingDifferences

    Conference report filed: Conference report filed in House, H. Rept. 95-1628.

    Source: ResolvingDifferences

14. 25 September 1978

    ResolvingDifferences

    Conference report filed in House, H. Rept. 95-1628.

    Source: ResolvingDifferences

15. 28 September 1978

    Passed

    Senate agreed to conference report.

    Source: ResolvingDifferences

16. 28 September 1978

    Passed

    Conference report agreed to in Senate: Senate agreed to conference report.

    Source: ResolvingDifferences

17. 29 September 1978

    Passed

    House agreed to conference report.

    Source: ResolvingDifferences

18. 29 September 1978

    Passed

    Conference report agreed to in House: House agreed to conference report.

    Source: ResolvingDifferences

19. 30 September 1978

    President

    Signed by President.

    Source: President

20. 30 September 1978

    Floor

    Measure presented to President.

    Source: Floor

21. 30 September 1978

    President

    Measure presented to President.

    Source: President

22. 30 September 1978

    President

    Measure enrolled in Senate.

    Source: President

23. 30 September 1978

    President

    Measure enrolled in House.

    Source: President

24. 30 September 1978

    President

    Public Law 95-405.

    Source: President

25. 30 September 1978

    Became law

    Signed by President.

    Source: BecameLaw

Votes

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Public Law (PDF)

  Public Law · EN · 1 October 1978

  ViewDownloadOpen at official source

• Conference report filed in Senate

  summary · EN · 25 September 1978

  Open at official source

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• Introduced in Senate

  summary · EN · 19 January 1978

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Huddleston, Walter (Dee) [D-KY] · D · Sponsor
• Sen. Eastland, James O. [D-MS] · D · Cosponsor
• Sen. McGovern, George [D-SD] · D · Cosponsor
• Sen. Riegle, Donald W., Jr. [D-MI] · D · Cosponsor
• Sen. Young, Milton R. [R-ND] · R · Cosponsor
• Sen. Dole, Robert J. [R-KS] · R · Cosponsor
• Sen. Ford, Wendell H. [D-KY] · D · Cosponsor
• Sen. Humphrey, Hubert H. [D-MN] · D · Cosponsor
• · ssaf00 · Standing

Related records

• related to → A bill to extend the Commodity Exchange Act, as amended, for 4 years.

Related across the Repo ecosystem

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