REGULATION OF MARKETS
Check on Speculation In America PRICE MANIPULATION PROHIBITED (UNITED PRESS ASSOCIATION—COPYRIGHT.) (Received June 17, 7.5 p.m.) WASHINGTON, June 16. Mr Roosevelt to-day signed the so-called commodity exchange act, designed to extend Government regulation to the commodity markets, particularly grains, as now enforced on the security exchange. A commission will be appointed to administer the act, which provides' for the fixing of trading limitations to curb excessive speculation. Various sorts of fictitious transactions commonly employed to manipulate market prices are prohibited. . . All brokers and commission merchants dealing in commodity futures must register with the commission, and supply periodic reports of their activities.
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Press, Volume LXXII, Issue 21812, 18 June 1936, Page 11
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104REGULATION OF MARKETS Press, Volume LXXII, Issue 21812, 18 June 1936, Page 11
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