Tag: cftc

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Al Lawson Champions the Aluminum Pricing Examination Act

U.S. Rep. Ken Buck, R-Col., is co-sponsoring the proposal which “grants the Commodities Futures Trading Commission (CFTC) the statutory authority to conduct oversight of the aluminum market and to investigate price setting, benchmarking, and reporting entities" and “enables the Department of Justice to consult with the CFTC to ensure all regulatory and oversight actions align with antitrust statutes.”

Jimmy Patronis Warns of Social Media Scams During Coronavirus Pandemic

According to the information, the amount of complaints regarding scams that originated on social media more than tripled in the last twelve months and saw a significant uptick last spring during the peak of the pandemic.

Marco Rubio, Diane Feinstein Want CFTC to Address Financial Risk of Climate Change

“Senator Rubio has advocated for common-sense measures that will help Florida adapt to and mitigate the risks of extreme weather, rising sea levels, and other climate-related risks. These long-term challenges include risks to the financial system and the financial well-being of Floridians.

Ashley Moody: Nursing Homes Can’t Take Seniors’ Stimulus Payments

Reports of these facilities seizing residents’ stimulus payments are beginning to surface nationwide. According to the Federal Trade Commission (FTC), some facility operators are seizing the stimulus payments of residents on Medicaid—justifying the seizure by claiming the facility, not the individual, is entitled to the federal benefit.

Darren Soto’s Virtual Currency Consumer Protection Act Gains Traction in the House

At the start of the year, Soto introduced the “Virtual Currency Consumer Protection Act” which, he said, “will analyze what can be done to protect consumers from price manipulation and ensure America remains a global leader in fostering innovation in this evolving global marketplace.
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Darren Soto Continues to Focus on Tech With Two Cryptocurrency Bills

Soto introduced the “Virtual Currency Consumer Protection Act” and the “U.S. Virtual Currency Market and Regulatory Competitiveness Act” which, he said, “will analyze what can be done to protect consumers from price manipulation and ensure America remains a global leader in fostering innovation in this evolving global marketplace.” 
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