S. 3013 · 113th Congress

Ending Insider Trading in Commodities Act

Stage
In committee
Sponsor
Carl Levin
Introduced
2014-12-12
Latest action
2014-12-12 · Introduced in Senate

Summary

Ending Insider Trading in Commodities Act - Amends the Commodity Exchange Act to make it unlawful for any large financial institution, either directly or indirectly, to purchase or sell any swap, any commodity in interstate commerce, or any contract for future delivery of any commodity while in possession of material, nonpublic information related to the storage, shipment, or use of the commodity arising from the institution's ownership or interest in a business or facility used to store, ship, or use the commodity.