Congress disapproves the Commodity Futures Trading Commission's rule on voluntary carbon credit derivative contracts.
Federal SJR9 is a joint resolution introduced by Senators John Kennedy and Tim Sheehy to disapprove a rule by the Commodity Futures Trading Commission. The rule in question is the "Commission Guidance Regarding the Listing of Voluntary Carbon Credit Derivative Contracts." If passed, the resolution would nullify the rule, rendering it ineffective.
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