APEX Act
- Last Action
- 6/7/2023
Actions
- 2023-06-07Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
- 2023-06-07Introduced in Senate
CRS Summary
As of 2023-06-07 (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 (1)
- Tom Cotton (R-AR)
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.