COMMODITY EXCHANGE ACT
SIGNED BY ROOSEVELT (United Press Association—By Electric Telegraph—Copyright) WASHINGTON, 16th June. President Roosevelt to-day signed the so-called Cqmmodity ’ Exchange Act, designed to extend Government regulation to commodity markets, particularly 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 ly 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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Nelson Evening Mail, Volume LXX, 18 June 1936, Page 7
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95COMMODITY EXCHANGE ACT Nelson Evening Mail, Volume LXX, 18 June 1936, Page 7
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