S 2462
117th Congress
Senate
Finance and Financial Sector
Administrative law and regulatory procedures
Commodities markets
Commodity Futures Trading Commission
Competition and antitrust
Department of Justice
Inflation and prices
Metals
APEX Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 22, 2021
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Jul 22, 2021
Introduced in Senate
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Committees of jurisdiction
1
Cosponsors
1