PlainBillCongress, translated.Legislation. Context. Public interest.Placed on the Union Calendar, Calendar No. 337.
Congressional Research Service
Version 79 · Reported to House without amendment · May 16, 2012
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
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.
People & committees
Rep. Conaway, K. Michael [R-TX-11] · R–TX
Legislative record
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Placed on the Union Calendar, Calendar No. 337.
Reported by the Committee on Agriculture. H. Rept. 112-482.
Reported by the Committee on Agriculture. H. Rept. 112-482.
Ordered to be Reported by Voice Vote.
Subcommittee on General Farm Commodities and Risk Management Discharged.
Committee Consideration and Mark-up Session Held.
Referred to the Subcommittee on General Farm Commodities and Risk Management.
Referred to the House Committee on Agriculture.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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