3.0.0 7266 2019-11-15T20:56:29Z 2019-11-15T20:56:29Z House H HR 2008-10-03 110 hsba00 Financial Services Committee House Standing Referred to 2008-10-03T13:01:00Z 2008-10-03 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2008-10-03 Sponsor introductory remarks on measure. (CR E2219-2220) IntroReferral B00100 9 Library of Congress 2008-10-03 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-10-03 Introduced in House IntroReferral 1000 9 Library of Congress M000133 Rep. Markey, Edward J. [D-MA-7] Edward Markey D MA J. 7 N Finance and Financial Sector Accounting and auditing Administrative law and regulatory procedures Banking and financial institutions regulation Business records Commodities markets Credit and credit markets Financial services and investments Licensing and registrations Securities Securities and Exchange Commission (SEC) State and local finance Finance and Financial Sector 00 2008-10-03 Introduced in House 2009-01-16T21:30:51Z Derivatives Market Reform Act of 1999 - Amends the Securities Exchange Act of 1934 to set forth registration requirements for derivatives dealers and for securities association membership.

Grants the Securities and Exchange Commission (SEC): (1) administrative enforcement powers; and (2) exclusive jurisdiction regarding accounts, agreements, transactions, and markets in derivatives.

Redefines securities to include derivatives.

Authorizes both a registered securities exchange and a national securities exchange to adopt rules governing transactions in derivatives.

Directs the SEC to promulgate capital level requirements that take into account the financial activities of a derivatives dealer who is a material associated person of a broker or dealer (including aggregate leverage, customary sources of capital and funding, and credit risk).

Sets forth risk assessment and recordkeeping requirements governing holding companies and other material associated persons associated with: (1) a government securities broker or dealer; and (2) a municipal securities dealer.

Amends the Investment Company Act of 1940 to require unregistered hedge funds to report to the SEC certain information prepared in accordance with U.S. generally accepted accounting principles (including information for each pooled investment vehicle that is part of an unregistered hedge fund).

]]> Derivatives Market Reform Act of 1999 Short Titles as Introduced Derivatives Market Reform Act of 1999 Display Title Derivatives Market Reform Act of 1999 Official Title as Introduced To amend the Federal securities laws to enhance oversight over certain derivatives dealers and hedge funds, reduce the potential for such entities to increase systemic risk in the financial markets, enhance investor protections, and for other purposes. Introduced in House 2008-10-03T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr7266ih/xml/BILLS-110hr7266ih.xml 2008-10-03 Referred to the House Committee on Financial Services. 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.