Question: Augustus Jesse Bowie Jr was the innovator of the switch that was crucial to leading to the passage of which federal legislation in 1936?

The Commodity Futures Modernization Act of 2000 (CFMA) is United States federal legislation that officially ensured modernized regulation of financial products known as over-the-counter derivatives.  It was signed into law on December 21, 2000 by President Bill Clinton.  It clarified the law so that most over-the-counter (OTC) derivatives transactions between "sophisticated parties" would not be regulated as "futures" under the Commodity Exchange Act of 1936 (CEA) or as "securities" under the federal securities laws.  Instead, the major dealers of those products (banks and securities firms) would continue to have their dealings in OTC derivatives supervised by their federal regulators under general "safety and soundness" standards.  The Commodity Futures Trading Commission's (CFTC) desire to have "Functional regulation" of the market was also rejected.  Instead, the CFTC would continue to do "entity-based supervision of OTC derivatives dealers."  These derivatives, including the credit default swap, are a few of the many causes of the financial crisis of 2008 and the subsequent 2008–2012 global recession. <SEP>  His crucial early innovations in large-capacity electrical switches, including the 1000lb. Augustus Jesse Bowie Jr. (December 10, 1872 – June 22, 1955, birth name Augustus Jesse Bowie III) was a pioneering American technology engineer, inventor and entrepreneur.  287Kv disconnecting switch, were important in the early spread of electrification on the West Coast of the United States during the 1910's-1920s, and became essential to the New Deal's mass-scale rural electrification efforts in the 1930s.  Bowie was an 1896 graduate of the engineering program at MIT in Boston, and this region of the United States was the locus of innovation in and promulgation of electrification at the time, which was primarily oriented towards centralized urban office/industrial use.  Bowie, however, was born and bred in the San Francisco bay area of California, and his mass electrification innovations were put into use in this bustling yet geographically-spread out region first, allowing for the building of an unprecedented electrical grid that would spawn a decentralized regional culture of technological innovation; a region eventually recognized as Silicon Valley. . <SEP> The Rural Electrification Act of 1936, enacted on May 20, 1936, provided federal loans for the installation of electrical distribution systems to serve isolated rural areas of the United States. <SEP> The General Revision Act (sometimes Land Revision Act) of 1891 was a Federal legislation initiative signed in 1891 under the Presidential Administration of Benjamin Harrison.  The General Revision Act of 1891 reversed previous policy initiatives, such as the Timber Culture Act of 1873, in which land fraud was readily accessible on the behalf of wealthy individuals and corporations.  The acquisition of vast mineral and timber resources in the western United States was often cited as a governing motive for such individuals and corporations to claim land rights for future settlement and resource depletion activities, The General Revision Act of 1891's legacy is frequently credited by its ability to catalyze a series of federal land reform initiatives, notably under the Presidential Administration of Theodore Roosevelt.  From the Reclamation Act of 1902 to the formation of the United States Forest Service in 1905, the General Revision Act of 1891 acted as a critical first piece of federal legislation granting increased plots of publicly allotted land and decreased extraction rights to privately held western land owners within the early stages of the 20th century.