APEX Act
- Last Action
- 6/15/2021
Actions
- 2021-06-15Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
- 2021-04-20Referred to the House Committee on Agriculture.
- 2021-04-20Introduced in House
- 2021-04-20Introduced in House
CRS Summary
As of 2021-04-20 (00)
Aluminum Pricing Examination Act or the APEX Act
This bill extends the jurisdiction of the Commodity Futures Trading Commission (CFTC) to include the markets for aluminum premiums. Specifically, the CFTC has jurisdiction over (1) the process and manner in which reference prices for such premiums are set or reported, and (2) whether the mechanism for setting such reference prices is fair and transparent.
Additionally, the CFTC must consult with the Department of Justice regarding relevant information, including allegations of anticompetitive conduct.
Cosponsors (20)
- Ken Buck (R-CO)
- Doug Lamborn (R-CO)
- W. Steube (R-FL)
- Joyce Beatty (D-OH)
- Joe Neguse (D-CO)
- Glenn Grothman (R-WI)
- DANNY DAVIS (D-IL)
- Scott Peters (D-CA)
- Russ Fulcher (R-ID)
- MICHAEL SIMPSON (R-ID)
- Dan Newhouse (R-WA)
- Warren Davidson (R-OH)
- Elaine Luria (D-VA)
- Mariannette Miller-Meeks (R-IA)
- Ben Cline (R-VA)
- Julia Brownley (D-CA)
- Kathleen Rice (D-NY)
- Ann Kuster (D-NH)
- Pete Aguilar (D-CA)
- Scott Fitzgerald (R-WI)
Subjects
- Administrative law and regulatory procedures
- Commodities markets
- Commodity Futures Trading Commission
- Competition and antitrust
- Department of Justice
- Inflation and prices
- Metals
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.