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H.R. 2292: PROTECT Act

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H.R. 2292: PROTECT Act

113th Congress · introduced 2013-06-06 · Finance and Financial Sector · Latest: Referred to the Subcommittee on General Farm Commodities and Risk Management.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2013-06-06 · official record
  2. Who proposed it: Rep. Markey, Edward J. [D-MA-5] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on General Farm Commodities and Risk Management. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

PROTECT Act

Plain summary

Protection from Rogue Oil Traders Engaging in Computerized Trading Act or PROTECT Act - Amends the Commodities Exchange Act to make it unlawful to engage in an activity that the Commodities Futures Trading Commission (CFTC) has defined as high frequency trading, unless the person has registered with the CFTC as a high frequency trader, and the registration has neither expired nor been suspended or revoked. Prescribes requirements governing high frequency trading. Requires the fine for a high frequency trading violation to be based on the number of seconds, including fractions of seconds, during which the violation continued. Authorizes the CFTC to define the scope of any violation for purposes of determining the number involved in any civil case arising under this Act. Increases the civil penalties for violations of the prohibition against manipulation and false information with respect to swaps and commodities.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

AI explanation – may be wrong, check the official text

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Markey, Edward J. [D-MA-5] · 0 cosponsors

Cost estimate: No cost estimate published yet.

Sponsor's campaign money: Rep. Markey, Edward J. [D-MA-5] reported raising $6.0 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Sources

Record fed-us-cong113-hr2292 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113