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Aluminum Pricing Oversight: Preventing Market Manipulation and Ensuring Fairness.

This law expands the authority of the federal financial oversight commission (CFTC) to monitor markets that set aluminum premium reference prices. The goal is to ensure these pricing mechanisms are fair and transparent, protecting industry and consumers from potential price manipulation. While the law does not control the prices themselves, it aims to prevent unfair practices that could increase the cost of everyday products.
Key points
The Commodity Futures Trading Commission (CFTC) gains jurisdiction to oversee how reference prices for aluminum premiums are set.
The goal is to ensure aluminum pricing mechanisms are fair and transparent, protecting against price collusion.
The Commission must consult with the Attorney General to ensure actions comply with antitrust laws.
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Expired
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Additional Information
Print number: 118_S_1850
Sponsor: Sen. Baldwin, Tammy [D-WI]
Process start date: 2023-06-07
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

APEX Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_S_1850.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2023-06-07.

What are the main provisions?

Key points include:

  • The Commodity Futures Trading Commission (CFTC) gains jurisdiction to oversee how reference prices for aluminum premiums are set.
  • The goal is to ensure aluminum pricing mechanisms are fair and transparent, protecting against price collusion.
  • The Commission must consult with the Attorney General to ensure actions comply with antitrust laws.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Baldwin, Tammy [D-WI].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.

CATEGORIES

Economy Courts and Law