3.0.0 1109 2023-01-15T22:33:42Z 2023-01-15T22:33:42Z House H HR 2003-03-06 108 hsba00 Financial Services Committee House Standing hsba16 Capital Markets Subcommittee Referred to 2003-03-17T17:41:37Z Referred to 2003-03-06T15:00:25Z hsag00 Agriculture Committee House Standing hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee Referred to 2003-03-12T16:49:32Z Referred to 2003-03-06T15:00:30Z 2003-03-17 hsba16 Capital Markets Subcommittee 1 House committee actions Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Committee 2003-03-12 hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee 1 House committee actions Referred to the Subcommittee on Farm Commodities and Risk Management. Committee 2003-03-06 Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsag00 Agriculture Committee 2003-03-06 Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2003-03-06 Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2003-03-06 Introduced in House IntroReferral Intro-H 9 Library of Congress 2003-03-06 Introduced in House IntroReferral 1000 9 Library of Congress D000191 Rep. DeFazio, Peter A. [D-OR-4] PETER DEFAZIO D OR A. 4 N L000342 Rep. Lipinski, William O. [D-IL-3] WILLIAM LIPINSKI D IL O. 3 2003-09-03 False Finance and Financial Sector Administrative procedure Advice and consent of the Senate Brokers Capital Civil actions and liability Commerce Commodity Futures Trading Commission Congress Congressional reporting requirements Corporation directors Crime and Law Enforcement Damages Derivative securities District courts Embezzlement Employee rights Executive reorganization Executives Federal Reserve System Federal advisory bodies Federal employees Financial services Fines (Penalties) Futures trading Government Operations and Politics Government attorneys Imprisonment Independent regulatory commissions Information disclosure (Securities law) Insider trading in securities Investment advisers Investors Jurisdiction Larceny Law Legal fees Legislation Liability (Law) Licenses Margins (Security trading) Misconduct in office Options (Contract) Presidential appointments Punitive damages Securities and Exchange Commission Securities fraud Securities industry Securities regulation Stock exchanges Swaps (Finance) Transfer of employees Finance and Financial Sector 00 2003-03-06 Introduced in House 2006-11-28T17:35:40Z Transfers to FMOC all functions of: (1) the Commodity Futures Trading Commission; (2) the Securities and Exchange Commission; and (3) the Board of Governors of the Federal Reserve System pertaining to margin requirements.

Grants the FMOC margin authority with respect to securities and futures.

Establishes in the executive branch the Federal Financial Markets Coordinating Council to: (1) coordinate the regulatory operations of each of the financial oversight agencies represented on the Council; and (2) establish an advisory committee of representatives of the futures, commodities, options, and securities exchanges and the banking industry.

Terminates the Commodity Futures Trading Commission and the Securities and Exchange Commission.

Subjects over-the-counter derivatives dealers and derivatives transactions to the regulatory jurisdiction of the FMOC.

Establishes criminal sanctions for violations of this Act.

Prescribes guidelines for a private right of action against any persons (including officers, directors, governors, and committee members) who willfully aid, abet, counsel, induce, or procure a violation of this Act. Subjects violators to liability for actual and punitive damages in cases of intentional violations. Grants the Federal district courts exclusive jurisdiction of such actions.]]>

Market Oversight Consolidation and OTC Derivatives Regulation Act Display Title Market Oversight Consolidation and OTC Derivatives Regulation Act Official Title as Introduced To establish a Financial Markets Oversight Commission in order to combine the functions of the Commodity Futures Trading Commission and the Securities and Exchange Commission in a single independent regulatory commission, and for other purposes. Introduced in House IH Short Titles as Introduced Market Oversight Consolidation and OTC Derivatives Regulation Act Introduced in House 2003-03-06T05:00:00Z 2003-03-17 Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.