Grain Futures Act of 1922

A federal statute passed in 1922 by the U.S Government that established the restriction that all grain futures need to be traded on regulated futures exchanges. The act also required exchanges to make more information public and limit the amount of market manipulation.

Enforcing this act became extremely difficult because disciplinary action was taken against the exchange itself rather than individual traders. This flaw was amended in 1936 and changed into the Commodity Exchange Act (CEA).


Investment dictionary. . 2012.

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  • Grain Futures Act — The Grain Futures Act (ch. 369, USStat|42|998, USC|7|1), is a United States federal law enacted September 21, 1922 involving the regulation of trading in certain commodity futures, and causing the establishment of the Grain Futures Administration …   Wikipedia

  • Commodity Futures Trading Commission — U.S. Commodity Futures Trading Commission Official seal Agency overview Formed April 15, 1975 Preceding agency Commodity Exchange Authority …   Wikipedia

  • Commodity Exchange Act — (ch. 545, 49 Stat. 1491, enacted June 15, 1936) is a federal act passed in 1936 by the U.S. Government (replacing the Grain Futures Act of 1922). The Act provides federal regulation of all commodities and futures trading activities and… …   Wikipedia

  • Commodity Exchange Act - CEA — An act passed in 1936 by the U.S. Government that provides federal regulation of all futures trading activities. This act replaced the Grain Futures Act of 1922. The Commodity Futures Trading Commission (CFTC) was created as a result of the CEA… …   Investment dictionary

  • Commodity Futures Trading Commission Act of 1974 — Commodity Futures Trading Commission (CFTC) Act of 1974 (P.L. 93 463) created the Commodity Futures Trading Commission, to replace the U.S. Department of Agriculture’s Commodity Exchange Authority, as the independent federal agency responsible… …   Wikipedia

  • Future Trading Act — The Future Trading Act of 1921 (ch. 86, USStat|42|187) was a United States Act of Congress intended to institute regulation of grain futures contracts and, particularly, the exchanges on which they were traded. It was the second federal statute… …   Wikipedia

  • Commodity Futures Modernization Act of 2000 — The Commodity Futures Modernization Act of 2000 (CFMA) is United States federal legislation that officially ensured the deregulation of financial products known as over the counter derivatives. It was signed into law on December 21, 2000 by… …   Wikipedia

  • Hill v. Wallace — SCOTUSCase Litigants=Hill v. Wallace ArgueDate=January 11 ArgueYear=1922 DecideDate=May 15 DecideYear=1922 FullName=Hill et al. v. Wallace, Secretary of Agriculture et al. Citation=42 S. Ct. 453, 66 L. Ed. 822 USVol=259 USPage=44 Prior=… …   Wikipedia

  • United States Department of Agriculture — Infobox Government agency agency name = United States Department of Agriculture logo width = 140 px logo caption = Logo of the USDA seal width = 140 px seal caption = Seal of the Department of Agriculture formed = February 15, 1889 preceding1 =… …   Wikipedia

  • Departamento de Agricultura de los Estados Unidos — Departamento de Agricultura de Estados Unidos Logo del USDA …   Wikipedia Español

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