TABLE OF CONTENTS: Title I: Establishment of Commission Title II: Transfers of Functions Title III: Federal Financial Markets Coordinating Council Title IV: Administrative Provisions Title V: Transitional, Savings, and Conforming Provisions Title VI: Effective Date Markets and Trading Reorganization and Reform Act - Title: Establishment of Commission - Establishes the Markets and Trading Commission (the Commission) as an independent regulatory body. Title II: Transfers of Functions - Transfers to the Commission: (1) all functions of the Commodity Futures Trading Commission and of the Securities and Exchange Commission; and (2) the margin authority of the Board of Governors of the Federal Reserve System. Empowers the Commission to adjust and prescribe margin levels with respect to futures contracts. Title III: Federal Financial Markets Coordinating Council - Establishes the Federal Financial Markets Coordinating Council to: (1) coordinate the regulatory operations of the Federal regulatory agencies represented on the Council; and (2) establish an advisory committee composed of representatives of the futures, commodities, options, securities exchanges, and the banking industry; and (3) present biennial status reports to the Congress. Title IV: Administrative Provisions - Sets forth guidelines for Commission personnel and administration. Title V: Transitional, Savings, and Conforming Provisions - Prescribes procedural guidelines for the transfer and allocation of appropriations and personnel. Title VI: Effective Date - Sets forth the effective date of this Act.
Referred to the Subcommittee on Telecommunications and Finance, for a period to be subsequently determined by the Chairman.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Referred to the Subcommittee on Capital Markets, Securities and Government Sponsored Enterprises.
Referred to the Subcommittee on Risk Management and Specialty Crops.
Referred to the Committee on Banking and Financial Services, and in addition to the Committees on Commerce, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Banking and Financial Services, and in addition to the Committees on Commerce, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Banking and Financial Services, and in addition to the Committees on Commerce, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Banking and Financial Services, and in addition to the Committees on Commerce, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Introduced in House
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Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.
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