1. Short title This Act may be cited as the Protecting Consumers from Market Manipulation Act . 2. Limitation on certain large non-financial companies with respect to activities that are financial in nature (a) In general A large non-financial company that is not registered as a bank holding company may not (either directly or indirectly, or through a subsidiary) engage in activities that are financial in nature if engaging in such activities would result in such activities producing the lower of— (1) 5 percent of the revenue of the large non-financial company; or (2) $1,000,000,000 in revenue. (b) Definitions In this section: (1) Activities that are financial in nature The term activities that are financial in nature has the meaning given that term under section 4(k)(4) of the Bank Holding Company Act of 1956. (2) Bank holding company The term bank holding company has the meaning given that term under section 2 of the Bank Holding Company Act of 1956. (3) Large non-financial company The term large non-financial company means a company that— (A) has annual revenues of more than $5,000,000,000; and (B) is not predominantly engaged in financial activities (as such term is defined under section 102 of the Financial Stability Act of 2010). (4) Subsidiary The term subsidiary has the meaning given that term under section 2 of the Bank Holding Company Act of 1956. 3. Limitations on commodity ownership and repeal of the merchant banking authority (a) In general Section 4 of the Bank Holding Company Act of 1956 ( 12 U.S.C. 1843 ) is amended— (1) in subsection (k)— (A) in paragraph (1), by striking (by regulation or order) and inserting , by regulation ; (B) in paragraph (2)— (i) in the heading, by inserting and the Federal Deposit Insurance Corporation after treasury