Section 5

to direct the exchange company or the clearing house to comply with, enforce, or give effect to their respective rules and regulations or to take such action as the Commission considers necessary and expedient, consistent with their rules and regulations;

subject to notice and after consultation with the exchange company and the clearing house, to fix position limits and limits on the amount of trading in accordance with section 66, for the purpose of diminishing, eliminating or preventing excessive speculation in any market of the exchange company;

to set up committees, which may consist of or include persons who are not members of the Commission, to advise or assist the Commission on such matters concerning its powers and functions as it considers fit, and the Commission may delegate, subject to such conditions and restrictions as it may impose, such of its powers and functions as it considers fit to any practices in ity futures a commo-of registered litigation by advisers of their clients; relating to acts;

law relating contracts rules and my and of relating to es for spot or delivery;

rs as may r this Act e clearing give effect ons or to considers with their tion with ing house, amount 166, for ating or y market ist of or s of the Commis-wers and Commis-nditions h of its t to any

COMMODITIES TRADING of such committees or to the Commissioner, and any act done or decision made by the committee or the Commissioner pursuant to such delegation shall be deemed to be the act or decision of the Commission;

to authorize the Chairman to set up ad hoc committees of the Commission from time to time, for such purposes and upon such terms, conditions and restrictions as the Commission may consider appropriate; and

to hear and determine whether by itself or through a committee appointed under paragraph (c) of this section, any appeal that is under this Act or pursuant to the rules of the exchange company, appealable to the Commission.