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7 U.S.C. § 22Research and information programs; reports to Congress

submitted 104 years ago by Pub. L. 93-463 to r/title-7-AGRICULTURE · 120 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Commission must run research programs on computer trading and modern technology in futures markets. It must also help create public education materials about futures trading. Its annual reports to Congress must cover this work.

(a) The Commission must establish and maintain, as part of its ongoing operations, research and information programs. These programs must: (1) determine the feasibility of trading by computer, and the expanded use of modern information system technology, electronic data processing, and modern communication systems, by commodity exchanges, boards of trade, and by the Commission itself, for purposes of improving, strengthening, facilitating, or regulating futures trading operations; (2) assist in developing educational and other informational materials about futures trading, for dissemination and use among producers, market users, and the general public; and (3) carry out the general purposes of this chapter. (b) The Commission's annual reports to Congress must include its plans and findings on implementing this section.
the actual law source: uscode.house.gov ↗public domain
(a)

The Commission shall establish and maintain, as part of its ongoing operations, research and information programs to (1) determine the feasibility of trading by computer, and the expanded use of modern information system technology, electronic data processing, and modern communication systems by commodity exchanges, boards of trade, and by the Commission itself for purposes of improving, strengthening, facilitating, or regulating futures trading operations; (2) assist in the development of educational and other informational materials regarding futures trading for dissemination and use among producers, market users, and the general public; and (3) carry out the general purposes of this chapter.

(b)

The Commission shall include in its annual reports to Congress plans and findings with respect to implementing this section.

Source credit: (Sept. 21, 1922, ch. 369, § 18, as added Pub. L. 93–463, title IV, § 416, Oct. 23, 1974, 88 Stat. 1415.)

history & why it existsrecord from the source credit
  • 1922Enacted · Pub. L. 93-463 · 88 Stat. 1415

A history note hasn’t been published yet. The record shows enactment by Pub. L. 93-463 on 1922-09-21.

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