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12/13/2007--Introduced.<br/>CFTC Reauthorization Act of 2007 - Amends the Commodity Exchange Act to revise Commodities Futures Trading Commission (CFTC) jurisdiction over an agreement, contract, or retail transaction in foreign currency. Extends coverage to certain future commissions merchants (and affiliated persons) and retail foreign exchange dealers. Requires them to register with the CFTC in order to: (1) solicit or accept orders from any person that is not an eligible contract participant in connection with such agreements, contracts, or transactions; (2) exercise discretionary trading authority (or obtain written authorization to do so) over any account for or on behalf of such a person; or (3) operate or solicit funds, securities, or property for any pooled investment vehicle that is not such an eligible contract participant. Revises the prohibition against contracts designed to defraud or mislead. Declares that the requirements of such prohibition do not obligate any person, in connection with a transaction, to disclose to another person in the transaction any nonpublic information that may be material to the market price, rate, or level of the commodity or transaction, except as necessary to make any statement to such other person not misleading in any material respect. Authorizes appropriations for the CFTC through FY2013. Increases: (1) the civil penalty for market manipulation to $1 million, or triple the monetary gain for each such violation; and (2) the criminal penalty for market manipulation from five to ten years imprisonment. Subjects to CFTC jurisdiction certain agreements, contracts, or transactions that perform a significant price discovery function in spite of the fact that they are conducted, on an electronic trading facility on a principal-to-principal basis solely between persons that are eligible commercial entities, in reliance on the general exemption for such agreements, contracts, and transactions (in the exempt commercial markets (ECMs)). Subjects to CFTC (large trader) reporting and recordkeeping requirements any significant price discovery contract traded or executed on an electronic trading facility. Authorizes the CFTC to communicate to an electronic trading facility, with respect to a significant price discovery contract, the full facts concerning any transaction or market operation which, in the CFTC's judgment, disrupts or tends to disrupt any market, or is otherwise harmful or against the best interests of producers, consumers, or investors.<br/>

1209096000 2008-04-25 Fri Nov 07 03:42:41 -0600 2008 introduced 47973 'act':3 '2007':5 'cftc':1 'reauthor':2 56657 false short introduced 47973 'act':8 'risk':18 'amend':4 'deriv':28 'futur':22 'legal':11 'reduc':16 'commod':6 'enhanc':13 'market':20 'promot':10 'purpos':32 'system':17 'counter':27 'exchang':7 'competit':14 'reauthor':2 'certainti':12 'over-the-count':24 55563 false official action 47973 1209096000 Fri Apr 25 00:00:00 -0500 2008 153469 Referred to the Subcommittee on General Farm Commodities and Risk Management. E000226 1941-08-07 1533 Longworth House Office Building http://etheridge.house.gov/Contact/ 2 202-225-5662 Bob 'd':4 '-2':6 'nc':5 'bob':2,7,9 'rep':1 'etheridg':3,8,10 M 400125 Etheridge Bob_Etheridge R. Rep. Bob Etheridge [D, NC-2] N00002269 6135 Democrat 202-225-4531 Presbyterian NC Bob Etheridge 3.5 http://www.house.gov/etheridge/ G000289 1952-09-22 2240 Rayburn House Office Building http://www.house.gov/goodlatte/emailbob.htm 6 202-225-9681 Robert 'r':4 '-6':6 'va':5 'bob':9 'rep':1 'robert':2,7,10 'goodlatt':3,8,11 M 400154 Goodlatte Bob_Goodlatte W. Rep. Robert Goodlatte [R, VA-6] Bob N00009154 5661 Republican 202-225-5431 Christian Scientist VA Bob Robert Goodlatte 5.3125 http://www.house.gov/goodlatte/ M000934 1954-05-29 2202 Rayburn House Office Building http://www.house.gov/formjerrymoran/contact.html 1 202-225-5124 Jerry 'r':4 '-1':6 'ks':5 'rep':1 'jerri':2,7,9 'moran':3,8,10 M 400284 Moran Jerry_Moran Rep. Jerry Moran [R, KS-1] N00005282 6224 Republican 202-225-2715 Methodist KS Jerry Moran 4.2 http://www.jerrymoran.house.gov/ P000258 1944-06-29 2211 Rayburn House Office Building http://collinpeterson.house.gov//email.html 7 202-225-1593 Collin 'd':4 '-7':6 'mn':5 'rep':1 'collin':2,7,9 'peterson':3,8,10 M 400316 Peterson Collin_C._Peterson C. Rep. Collin Peterson [D, MN-7] N00004558 7541 Democrat 202-225-2165 Lutheran MN Collin Peterson 4.14285714285714 http://collinpeterson.house.gov/ action 47973 1209096000 Fri Apr 25 00:00:00 -0500 2008 153469 Referred to the Subcommittee on General Farm Commodities and Risk Management. action 47973 1197608400 Fri Dec 14 00:00:00 -0600 2007 143344 Sponsor introductory remarks on measure. (CR E2585-2586) introduced 47973 1197522000 Thu Dec 13 00:00:00 -0600 2007 140199 action 47973 1197522000 Thu Dec 13 00:00:00 -0600 2007 140200 Referred to the House Committee on Agriculture.