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The program is a partnership effort with funding provided from federal, state, and local agency resources. Each LTAP center is funded at a 50% federal share with the other half funded by the state and/or local agencies. [1] [2] There are 51 LTAP centers, one in each state and one which serves Puerto Rico and the Virgin Islands. [3]
The Commodity Futures Trading Commission Act of 1974 (P.L. 93-463) created the CFTC to replace the U.S. Department of Agriculture's Commodity Exchange Authority. [ citation needed ] The Act made extensive changes to the Commodity Exchange Act (CEA) of 1936, which itself amended the original Grain Futures Act of 1922.
[14] [15] The "commodity trading advisor" was first recognized in legislation in 1974, when the Commodity Futures Trading Commission (CFTC) was established under the Commodity Futures Trading Commission Act. [15] [16] The name CTA was adopted since the advisors originally operated predominantly within the commodities markets. Later, trading ...
Commodity Futures Trading Commission (CFTC) Act of 1974 (P.L. 93-463) created the Commodity Futures Trading Commission, to replace the U.S. Department of Agriculture's Commodity Exchange Authority, as the independent federal agency responsible for regulating the futures trading industry.
[15] [16] The Commodity Futures Trading Commission (CFTC) was established in 1974, under the Commodity Futures Trading Commission Act. [16] The regulation led to the recognition of a new group of money managers including CTAs. At that time, the funds they operated became known as managed futures.
Rostin Behnam (born February 16, 1978) is an American lawyer and government official who served as the 15th chairman of the Commodity Futures Trading Commission (CFTC) from 2021 to 2025. Prior to leading the CFTC, he served as one of five-member CFTC commissioners, having been nominated on July 13, 2017 by President Donald Trump to fulfill a ...
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Technical Assistance for Specialty Crops (TASC) provides funding for projects that address sanitary and other technical barriers to the export of specialty crops from the US. It was introduced with the 2002 farm bill (P.L. 107-171, Sec. 3205), giving an annual budget of $2 million in Commodity Credit Corporation (CCC) resources.