Joint resolution to extend the effective date of certain provisions of the Commodity Futures Trading Commission Act of 1974.
PL 94-16 (H.J.Res.335), enacted 04/16/1975

PUBLIC LAW 94-16—APR. 16, 1975 
89 STAT. 77 
Public Law 94-16 
94th Congress 
Joint Resolution 
To extend the effective date of certain provisions of tlie Commodity Futures 
Trading Commission Act of 1974. 
Resolved hy the Senate and House of Representatives of the United 
States of America in Congress assembled^ That notwithstanding any 
other provision of law or of the Commodity Exchange Act, as amended 
(7 U.S.C. 1 et seq.), the Commodity Futures Trading Commission 
established in section 2(a) of the Commodity Exchange Act, as 
amended, in its discretion, and without prior notice or hearings: 
(a) may grant provisional designation as a contract market to 
any boards of trade for any commodities traded thereon for such 
period not in excess of ninety days from the effective date of the 
Commodity Futures Trading Commission Act of 1974 and under 
such terms and conditions as the Commission may prescribe: Pro-
vided, That upon the expiration of any provisional designation of 
a board of trade as a contract market, such board of trade shall not 
be designated as a contract market except as provided in section 
6 of the Commodity Exchange Act, as amended; 
(b) may grant provisional registration as a futures commission 
merchant, floor broker, associated person, commodity trading 
adviser, and commodity pool operator to any person for such 
period not in excess of ninety days from the effective date of the 
Commodity Futures Trading Commission Act of 1974 (Public 
Law 93-463) and under such terms and conditions as the Com-
mission may prescribe; and 
(c) may defer for such period not in excess of ninety days from 
the effective date of the Act, the effective dates of sections 204, 
205, 210, and 407 of the Commodity Futures Trading Commis-
sion Act of 1974 (Public Law 93^63). 
SEC. 2, Section 203 of the Commodity Futures Trading Commission 
Act of 1974 is amended by striking the phrase "six months" wherever 
it appears therein and substituting therefor the phrase "nine months". 
SEC. 3. Section 106 of the Commodity Futures Trading Commission 
Act of 1974 is amended by striking the phrase "one year" wherever it 
appears in the last paragraph thereof (subsection (i) of new section 
14 of the Commodity Exchange Act, as amended) and substituting 
therefor the phrase "fifteen months" and by striking the phrase "nine 
months" in the last paragraph thereof (subsection (i) of the new sec-
tion 14 of the Commodity Exchange Act, as amended) and substituting 
therefor the phrase "one year". 
Apr. 16, 1975 
[H.J. Res. 3351 
Commodity 
Futures Trading 
Commission Act 
of 1974, 
extension. 
7 u s e 4a note. 
7 u s e 4a. 
7 u s e 4a note. 
7 u s e 8, 9, 15. 
88 Stat. 1415. 
7 use 6j. 
7 use 18. 
7 use 18. 
89 STAT. 78 
PUBLIC LAW 94-16—APR. 16, 1975 
SEC. 4. Section 404 of the Commodity Futures Trading Commission 
7 use 6a. 
^QI of 1974 is amended by striking the phrase "ninety days" wherever 
it appears therein and substituting therefor the phrase "one hundred 
and eighty days". 
Approved April 16, 1975. 
LEGISLATIVE HISTORY: 
HOUSE REPORT No. 94-122 (Comm. on Agriculture). 
SENATE REPORT No. 94-73 (Comm. on Agriculture and Forestry). 
CONGRESSIONAL RECORD, Vol. 121 (1975): 
Apr. 8, considered and passed House. 
Apr. 14, considered and passed Senate, amended. 
Apr. 15, House concurred in Senate amendments.