The Commodity Exchange Act calls upon the Federal Trade Commission to treat market manipulations by petroleum and oil company insiders as false and deceptive business practices that could be subjected to fines of up to one million dollars

Question

Quizplus · Accepted Answer

The Commodity Exchange Act does not call upon the Federal Trade Commission (FTC) for this purpose; it is the Commodity Futures Trading Commission (CFTC) that regulates commodity futures and option markets in the United States, including actions against market manipulations.

The Commodity Exchange Act Calls Upon the Federal Trade Commission