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Aluminum Pricing Oversight: Protecting Against Market Manipulation

This act aims to increase oversight of the aluminum market to ensure fair and transparent price setting. This means citizens can be more confident that prices for products containing aluminum are set fairly, potentially impacting the cost of many everyday goods, from cans to cars.
Key points
The Commodity Futures Trading Commission (CFTC) gains authority to oversee how aluminum prices are set, preventing unfair practices.
The act aims to increase transparency in the aluminum market, potentially leading to more stable and predictable prices for consumers.
The CFTC will collaborate with the Attorney General to prevent anti-competitive conduct and protect the market from manipulation.
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Additional Information
APEX Act
Print number: HR 2698
Sponsor: Rep. Lawson, Al, Jr. [D-FL-5]
Process start date: 2021-04-20