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REGULATING MARKETS

American Act Signed (Received June 17. 5.5 p.m.) Washington, June 16. President Roosevelt to-day signed the so-called Commodity Exchange Act. de signed to extend Government regulation to commodity markets, particular ly grains, as now enforced on security exchanges. A commission will be appointed to administer the Act, which provides for fixing of trading limitations to curb excessive speculation, while various sorts of fictitious transactions common iy employed to manipulate market prices are prohibited. All brokers and commission merchants dealing in com modify futures must register with the commission and supply periodic reports of their activities.

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https://paperspast.natlib.govt.nz/newspapers/DOM19360618.2.82

Bibliographic details

Dominion, Volume 29, Issue 224, 18 June 1936, Page 9

Word Count
97

REGULATING MARKETS Dominion, Volume 29, Issue 224, 18 June 1936, Page 9

REGULATING MARKETS Dominion, Volume 29, Issue 224, 18 June 1936, Page 9

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