Onion Futures Act
id:
onion-futures-act-183-12920643
title:
Onion Futures Act
text:
The Onion Futures Act is a United States law banning the trading of futures contracts on onions as well as "motion picture box office receipts". In 1955, two onion traders, Sam Siegel and Vincent Kosuga, cornered the onion futures market on the Chicago Mercantile Exchange. The resulting regulatory actions led to the passing of the act on August 28, 1958. As of July 2024, it remains in effect. The law was amended in 2010 to add motion picture box office futures to the list of banned futures contr
brand slug:
wiki
category slug:
encyclopedia
description:
1958 United States law
original url:
https://en.wikipedia.org/wiki/Onion_Futures_Act
date created:
2008-11-01T02:15:22Z
date modified:
2024-09-07T01:32:08Z
main entity:
{"identifier":"Q81318","url":"https://www.wikidata.org/entity/Q81318"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/5/5c/Great_Seal_of_the_United_States_%28obverse%29.svg","width":600,"height":600}
fields total:
13
integrity:
16