3.0.0 6038 2023-01-11T13:21:48Z 2023-01-11T13:21:48Z House H HR 2010-07-30 111 hsag00 Agriculture Committee House Standing hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee Referred to 2010-11-16T16:12:58Z Referred to 2010-07-30T13:07:48Z hsba00 Financial Services Committee House Standing Referred to 2010-07-30T13:07:47Z 2010-11-16 hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee 1 House committee actions Referred to the Subcommittee on General Farm Commodities and Risk Management. Committee 2010-07-30 Referred to House Agriculture IntroReferral H11100 2 House floor actions hsag00 Agriculture Committee 2010-07-30 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 2010-07-30 Referred to House Financial Services IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2010-07-30 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-07-30 Introduced in House IntroReferral 1000 9 Library of Congress I000056 Rep. Issa, Darrell E. [R-CA-49] DARRELL ISSA R CA E. 49 N T000326 Rep. Towns, Edolphus [D-NY-10] EDOLPHUS TOWNS D NY 10 2010-07-30 True B000013 Rep. Bachus, Spencer [R-AL-6] SPENCER BACHUS R AL 6 2010-07-30 True Finance and Financial Sector Accounting and auditing Administrative law and regulatory procedures Banking and financial institutions regulation Business records Department of the Treasury Federal Deposit Insurance Corporation (FDIC) Federal Reserve System Financial services and investments Government information and archives Insurance industry and regulation Securities Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2010-07-30 Introduced in House 2010-12-06T20:35:12Z Financial Industry Transparency Act of 2010 - Amends the Financial Stability Act of 2010 to instruct the Financial Stability Oversight Council (Council) to adopt, according to specified requirements, data standards for all financial data received by it or by the Office of Financial Research (Office).

Directs the Board of Governors of the Federal Reserve System (Board) to adopt data standards for financial data regularly submitted to it by any nonbank financial company, savings and loan holding company or subsidiary (other than a depository institution), financial market utility, or institution under the Payment, Clearing, and Settlement Supervision Act of 2010.

Amends the Federal Reserve Act to direct the Board to ensure that the information provided on its Web site as required by statute is available in a format consistent with a financial data standard.

Amends the Federal Deposit Insurance Act to direct the Federal Deposit Insurance Corporation (FDIC) to adopt data standards for all financial data that it receives from any financial company or submits to Congress under the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Amends the Revised Statutes of the United States to instruct the Comptroller of the Currency to adopt data standards for all financial data regularly filed with the Comptroller by any financial institution.

Amends the Investment Advisers Act of 1940 to require the Securities and Exchange Commission (SEC) to adopt a data standard for any financial data that is included in reports filed with it by investment advisers.

Amends the Securities Exchange Act of 1934 to direct the SEC to adopt a data standard for: (1) all quantitative data that nationally recognized statistical rating organizations (NRSROs) are required to either submit to the Commission, or to disclose publicly; (2) mandatory periodic and current corporate reports; (3) corporate proxy and consent solicitation materials; and (4) the reporting of security-based swap transactions.

Amends the Securities Act of 1933 to direct the SEC to adopt a data standard for asset-backed securities disclosures and for corporate registration statements.

Amends United States Monetary Code to direct the Office of National Insurance to adopt a data standard for all financial data that it requires any insurer or affiliate to submit directly to it.

Requires all these agencies to ensure the public accessibility of financial data subject to their standards.

Amends the Commodity Exchange Act to direct the Commodities Future Trading Commission (CFTC) to adopt a standard for swap transaction data that is subject to specified public availability requirements.

]]> Financial Industry Transparency Act of 2010 Display Title Financial Industry Transparency Act of 2010 Official Title as Introduced To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to increase financial industry transparency, and for other purposes. Introduced in House IH Short Titles as Introduced Financial Industry Transparency Act of 2010 Introduced in House 2010-07-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr6038ih/xml/BILLS-111hr6038ih.xml 2010-11-16 Referred to the Subcommittee on General Farm Commodities and Risk Management. 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.