s 51161 1213243200 false 1213243200 3130 607 110 300038

6/12/2008--Introduced.<br/>Increasing Transparency and Accountability in Oil Prices Act of 2008 - Expresses the sense of the Senate that the President should immediately send to Congress a request for emergency appropriations for FY2008 for the Commodity Futures Trading Commission (CFTC) in an amount sufficient to: (1) help restore public confidence in energy commodities markets and federal oversight of those markets; (2) potentially impose limits on excessive speculation that is increasing the price of oil, gasoline, diesel, and other energy commodities; (3) significantly improve the information technology capabilities of the CFTC to help it effectively regulate the energy futures markets; and (4) fund at least 100 new full-time positions at the CFTC to oversee energy commodity market speculation and to enforce the Commodity Exchange Act.<br/>Amends the Commodity Exchange Act to: (1) provide for additional employees for improved enforcement; and (2) establish an independent Office of the Inspector General in the CFTC.<br/>Direct the Comptroller General of the United States to study and report to Congress on the international regime for regulating the trading of energy commodity futures and derivatives.<br/>Amends the Commodity Exchange Act to address the kind of case in which the CFTC grants or considers granting relief to a foreign board of trade from the requirement that it become a designated contract market, derivatives transaction execution facility, or other registered entity with respect to an energy commodity physically delivered in the United States. Requires the CFTC, before granting or considering such relief, to determine that the foreign board of trade: (1) applies comparable principles or requirements regarding the daily publication of trading information and position limits or accountability levels for speculators as apply to a designated contract market, derivatives transaction execution facility, or other registered entity trading energy commodities physically delivered in the United States; and (2) provides such information to the Commission regarding the extent of speculative and nonspeculative trading in the energy commodity that is comparable to the information the Commission determines necessary to publish a Commitment of Traders report for such a designated contract market, derivatives transaction execution facility, or other registered entity.<br/>Authorizes the CFTC, in the case of a registered entity located within the United States or otherwise subject to CFTC jurisdiction and which trades on a foreign board of trade, exchange, or market located outside the United States, to: (1) apply and enforce provisions concerned with violations, including provisions related to manipulation or attempted manipulation, the making of false statements, and willful violations of this Act; (2) require or direct the person to limit, reduce, or liquidate any position to prevent or reduce the threat of price manipulation, excessive speculation, price distortion, or disruption of delivery or the cash settlement process; and (3) apply necessary recordkeeping requirements.<br/>Directs the CFTC to: (1) routinely require detailed reporting from index traders and swap dealers in markets under CFTC jurisdiction; (2) reclassify the types of traders for regulatory and reporting purposes to distinguish between index traders and swaps dealers; and (3) review the trading practices for index traders in markets under CFTC jurisdiction to ensure that index trading is not adversely impacting the price discovery process, and to determine whether different practices or regulations should be implemented.<br/>Requires the CFTC to disaggregate and make public monthly: (1) the number of positions and total value of index funds and other passive, long-only positions in energy markets; and (2) data on speculative positions relative to bona fide physical hedgers in those markets.<br/>

1213243200 2008-06-12 Fri Nov 07 18:51:17 -0600 2008 introduced 51161 'act':8 'oil':6 '2008':10 'price':7 'account':4 'increas':1 'transpar':2 61256 true popular introduced 51161 'bill':2 'futur':17 'price':6 'trade':18 'author':9,13 'commod':16 'energi':5 'provid':4 'purpos':23 'relief':7 'commiss':19 'greater':10 'resourc':11 60574 false official introduced 51161 'act':8 'oil':6 '2008':10 'price':7 'account':4 'increas':1 'transpar':2 61865 false short introduced 51161 1213243200 Thu Jun 12 00:00:00 -0500 2008 160228 D000563 1944-11-21 309 Hart Senate Office Building http://durbin.senate.gov/contact.cfm 202-228-0400 Richard 'd':4 'il':5 'sen':1 'durbin':3,7,9 'richard':2,6,8 M 300038 Durbin Richard_Durbin J. Sen. Richard Durbin [D, IL] N00004981 16448 Democrat 202-224-2152 Roman Catholic IL Dick Richard Durbin 3.92929292929293 http://durbin.senate.gov B000468 1943-10-03 703 Hart Senate Office Building http://bingaman.senate.gov/contact/ 202-224-2852 Jeff 'd':4 'nm':5 'sen':1 'jeff':2,6,8 'bingaman':3,7,9 M 300009 Bingaman Jeff_Bingaman Sen. Jeff Bingaman [D, NM] N00006518 10087 Democrat 202-224-5521 Methodist NM Jeff Bingaman 4.4 http://bingaman.senate.gov B000944 1952-11-09 713 Hart Senate Office Building http://brown.senate.gov/contact/ 202-228-6321 Sherrod 'd':4 'oh':5 'sen':1 'brown':3,7,9 'sherrod':2,6,8 M 400050 Brown Sherrod_Brown Sen. Sherrod Brown [D, OH] N00003535 13168 Democrat 202-224-2315 Lutheran OH Sherrod Brown 3.63076923076923 http://brown.senate.gov/ SherrodBrownOhio C001070 393 Russell Senate Office Building http://casey.senate.gov/contact/ 202-228-0604 Robert 'd':4 'pa':5 'sen':1 'casey':3,7,9 'robert':2,6,8 M 412246 Casey Robert_P._Casey,_Jr. P. Sen. Robert Casey [D, PA] N00027503 11568 Democrat 202-224-6324 PA Bob Robert Casey 2.61904761904762 http://casey.senate.gov/ D000432 1942-05-14 322 Hart Senate Office Building http://dorgan.senate.gov/contact/contact_form.cfm 202-224-1193 Byron 'd':4 'nd':5 'sen':1 'byron':2,6,8 'dorgan':3,7,9 M 300037 Dorgan Byron_Dorgan L. Sen. Byron Dorgan [D, ND] N00004615 7974 Democrat 202-224-2551 Lutheran ND Byron Dorgan 5.0 http://dorgan.senate.gov senatordorgan F000062 1933-06-22 331 Hart Senate Office Building http://feinstein.senate.gov/public/index.cfm?FuseAction=ContactUs.EmailMe 202-228-3954 Dianne 'd':4 'ca':5 'sen':1 'diann':2,6,8 'feinstein':3,7,9 F 300043 Feinstein Dianne_Feinstein Sen. Dianne Feinstein [D, CA] N00007364 19971 Democrat 202-224-3841 Jewish CA Dianne Feinstein 1.99004975124378 http://feinstein.senate.gov/public/ SenatorFeinstein J000177 1946-12-28 136 Hart Senate Office Building http://johnson.senate.gov/contact/ 202-228-5765 Tim 'd':4 'sd':5 'sen':1 'tim':2,6,8 'johnson':3,7,9 M 300058 Johnson Tim_Johnson P. Sen. Tim Johnson [D, SD] N00010084 7872 Democrat 202-224-5842 Lutheran SD Tim Johnson 4.07692307692308 http://johnson.senate.gov/ K000148 1943-12-11 218 Russell Senate Office Building http://kerry.senate.gov/contact/email.cfm 202-224-8525 John 'd':4 'ma':5 'sen':1 'john':2,6,8 'kerri':3,7,9 M 300060 Kerry John_Kerry Forbes Sen. John Kerry [D, MA] N00000245 13981 Democrat 202-224-2742 Roman Catholic MA John Kerry 2.64 http://kerry.senate.gov/ K000367 1960-05-25 302 Hart Senate Office Building http://klobuchar.senate.gov/emailamy.cfm 202-228-2186 Amy 'd':4 'mn':5 'ami':2,6,8 'sen':1 'klobuchar':3,7,9 F 412242 Klobuchar Amy_Klobuchar Sen. Amy Klobuchar [D, MN] N00027500 11177 Democrat 202-224-3244 MN Amy Klobuchar 3.30188679245283 http://klobuchar.senate.gov/ L000123 1924-01-23 324 Hart Senate Office Building http://lautenberg.senate.gov/contact/routing.cfm 202-228-4054 Frank 'd':4 'nj':5 'sen':1 'frank':2,6,8 'lautenberg':3,7,9 M 300064 Lautenberg Frank_Lautenberg R. Sen. Frank Lautenberg [D, NJ] N00000659 11406 Democrat 202-224-3224 Jewish NJ Frank Lautenberg 2.125 http://lautenberg.senate.gov/ franklautenberg L000174 1940-03-31 433 Russell Senate Office Building http://leahy.senate.gov/contact.cfm 202-224-3479 Patrick 'd':4 'vt':5 'sen':1 'leahi':3,7,9 'patrick':2,6,8 M 300065 Leahy Patrick_Leahy J. Sen. Patrick Leahy [D, VT] N00009918 9914 Democrat 202-224-4242 Roman Catholic VT Patrick Leahy 4.13793103448276 http://leahy.senate.gov/ SenatorPatrickLeahy L000261 1934-06-28 269 Russell Senate Office Building http://levin.senate.gov/contact/ 202-224-1388 Carl 'd':4 'mi':5 'sen':1 'carl':2,6,8 'levin':3,7,9 M 300066 Levin Carl_Levin Sen. Carl Levin [D, MI] N00001691 25107 Democrat 202-224-6221 Jewish MI Carl Levin 2.13333333333333 http://levin.senate.gov/ M001170 1953-07-24 717 Hart Senate Office Building http://mccaskill.senate.gov/contact/ 202-228-6326 Claire 'd':4 'mo':5 'sen':1 'clair':2,6,8 'mccaskil':3,7,9 F 412243 McCaskill Claire_McCaskill Sen. Claire McCaskill [D, MO] N00027694 11444 Democrat 202-224-6154 MO Claire McCaskill 3.33333333333333 http://mccaskill.senate.gov/ M000639 1954-01-01 528 Hart Senate Office Building http://menendez.senate.gov/contact/contact.cfm 202-228-2197 Robert 'd':4 'nj':5 'bob':8 'sen':1 'robert':2,6,9 'menendez':10 'menéndez':3,7 M 400272 Menéndez Robert_Menendez Sen. Robert Menéndez [D, NJ] Bob N00000699 13683 Democrat 202-224-4744 Roman Catholic NJ Robert Menendez 2.11764705882353 http://menendez.senate.gov/ SenatorMenendezNJ M000702 1936-07-20 503 Hart Senate Office Building http://mikulski.senate.gov/Contact/contact.cfm 202-224-8858 Barbara 'd':4 'md':5 'sen':1 'barbara':2,6,8 'mikulski':3,7,9 F 300073 Mikulski Barbara_Mikulski A. Sen. Barbara Mikulski [D, MD] N00001945 9640 Democrat 202-224-4654 Roman Catholic MD Barbara Mikulski 2.68888888888889 http://mikulski.senate.gov/ M001111 1950-10-11 173 Russell Senate Office Building http://murray.senate.gov/email/index.cfm 202-224-0238 Patty 'd':4 'wa':5 'sen':1 'patti':2,6,8 'murray':3,7,9 F 300076 Murray Patty_Murray Sen. Patty Murray [D, WA] N00007876 10836 Democrat 202-224-2621 Roman Catholic WA Patty Murray 4.203125 http://murray.senate.gov/ O000167 1961-08-04 Barack 'obama':2,4,6 'barack':1,3,5 M 400629 Obama Barack_Obama Barack Obama N00009638 54310 Democrat United Church of Christ Barack Obama 3.72651356993737 R000122 1949-11-12 728 Hart Senate Office Building http://reed.senate.gov/contact/contact-share.cfm 202-224-4680 John 'd':4 'ri':5 'sen':1 'jack':8 'john':2,6,9 'reed':3,7,10 M 300081 Reed Jack_Reed F. Sen. John Reed [D, RI] Jack N00000362 8756 Democrat 202-224-4642 Roman Catholic RI Jack John Reed 2.875 http://reed.senate.gov/ R000146 1939-12-02 522 Hart Senate Office Building http://reid.senate.gov/contact/index.cfm 202-224-7327 Harry 'd':4 'nv':5 'sen':1 'reid':3,7,9 'harri':2,6,8 M 300082 Reid Harry_Reid M. Sen. Harry Reid [D, NV] N00009922 18341 Democrat 202-224-3542 Latter Day Saints NV Harry Reid 1.58196721311475 http://reid.senate.gov/ SenatorReid T000464 1956-08-21 204 Russell Senate Office Building http://tester.senate.gov/Contact/ 202-224-8594 Jon 'd':4 'mt':5 'jon':2,6,8 'sen':1 'tester':3,7,9 M 412244 Tester Jon_Tester Sen. Jon Tester [D, MT] N00027605 7824 Democrat 202-224-2644 MT Jon Tester 2.95454545454545 http://tester.senate.gov/ SenatorJonTester introduced 51161 1213243200 Thu Jun 12 00:00:00 -0500 2008 160228 action 51161 1213243200 Thu Jun 12 00:00:00 -0500 2008 160229 Sponsor introductory remarks on measure. (CR S5628) action 51161 1213243200 Thu Jun 12 00:00:00 -0500 2008 160230 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.