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Chicago Futures Market: Emergency Action Procedures

GGD-90-64 Published: Apr 09, 1990. Publicly Released: Apr 13, 1990.
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Highlights

Pursuant to a congressional request, GAO provided information on: (1) the Commodity Futures Trading Commission's (CFTC) and the Chicago Board of Trade's (CBT) policies, procedures, and practices related to emergency actions; and (2) how CFTC and CBT followed those policies and procedures during the July 1989 soybean futures emergency action.

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Topics

Financial Markets and Institutions
Agricultural productsCommodities exchangesCommodity marketingConflict of interestsEmergency preparednessInformation leakingProposed legislationSecurities regulationStock exchangesFutures