Commodity Exchange Act

(redirected from Commodity Exchange Act of 1936)
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Commodity Exchange Act

Legislation in the United States, passed in 1936, that imposed regulations upon the trading of commodities as well as some futures and options. Among other things, the Act provides that any option on a commodity and all futures must occur on an exchange and not over-the-counter. This Act replaced the Grain Futures Act of 1922. See also: CFTC, New Deal, Onion Futures Act.
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Shareholders of the Trust will not have the protections associated with ownership of shares in an investment company registered under the Investment Company Act of 1940 or the protections afforded by the Commodity Exchange Act of 1936.
The Commodity Exchange Act of 1936 and its predecessor the Grain Futures Act of 1922 were a response to the perceived problems of manipulation of grain markets that were particularly evident in the latter part of the nineteenth and early part of the twentieth centuries.
Shareholders of the SPDR Gold Trust do not have the protections associated with ownership of shares in an investment company registered under the Investment Company Act of 1940 or the protections afforded by the Commodity Exchange Act of 1936.
Shareholders of the SPDR[R] Gold Trust will not have the protections associated with ownership of shares in an investment company registered under the Investment Company Act of 1940 or the protections afforded by the Commodity Exchange Act of 1936.
Shareholders in the SPDR Gold Trust will not have the protections associated with ownership of shares in an investment company registered under the Investment Company Act of 1940 or the protections afforded by the Commodity Exchange Act of 1936.
Therefore, SPDR[R] Gold Shares shareholders will not have the protections associated with ownership of shares in an investment company registered under the Investment Company Act of 1940 or the protections afforded by the Commodity Exchange Act of 1936.

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