Summary: S.577 — 110th Congress (2007-2008)All Information (Except Text)

There is one summary for S.577. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (02/13/2007)

Oil and Gas Traders Oversight Act of 2007 - Amends the Commodity Exchange Act to prescribe reporting and recordkeeping requirements for positions involving energy commodities (a commodity or the derivatives of a commodity used primarily as a source of energy).

Directs the Commodity Futures Trading Commission to subject to the requirements of this Act a contract, agreement, or transaction for future delivery in an energy commodity.