3.0.0 2586 2023-01-11T13:22:44Z 2023-01-11T13:22:44Z House H HR 2011-07-19 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GARRETT:H.R. 2586.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clauses 1 (``The Congress shall havePower To lay and collect Taxes, Duties, Imposts and Excises,to pay the Debts and provide for the common Defense andgeneral Welfare of the United States; but all Duties, Impostsand Excises shall be uniform throughout the United States''),3 (``To regulate Commerce with foreign Nations, and among theseveral States, and with the Indian Tribes''), and 18 (``Tomake all Laws which shall be necessary and proper forcarrying into Execution the foregoing Powers, and all otherPowers vested by this Constitution in the Government of theUnited States, or in any Department or Officer thereof'').[Page H5239]]]> hsag00 Agriculture Committee House Standing hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee Discharged from 2012-01-25T18:08:39Z Referred to 2011-07-22T13:35:10Z Reported by 2012-02-08T22:21:01Z Markup by 2012-01-25T18:08:47Z Referred to 2011-07-19T14:00:54Z hsba00 Financial Services Committee House Standing hsba16 Capital Markets Subcommittee Reported by 2011-11-15T14:40:01Z Markup by 2011-11-15T14:39:43Z Hearings by 2011-10-14T21:05:22Z Referred to 2011-08-22T18:06:19Z Reported by 2011-12-23T15:07:47Z Markup by 2011-11-30T21:02:54Z Referred to 2011-07-19T14:00:49Z H. Rept. 112-345,Part 1 H. Rept. 112-345,Part 2 2012-02-08 Placed on the Union Calendar, Calendar No. 266. Calendars H12410 2 House floor actions U00266 2012-02-08 Reported (Amended) by the Committee on Agriculture. H. Rept. 112-345, Part II. Committee H12200 2 House floor actions hsag00 Agriculture Committee 2012-02-08 Reported (Amended) by the Committee on Agriculture. H. Rept. 112-345, Part II. Committee 5000 9 Library of Congress hsag00 Agriculture Committee 2012-02-01 House Committee on Agriculture Granted an extension for further consideration ending not later than Feb. 8, 2012. IntroReferral H11210 2 House floor actions hsag00 Agriculture Committee 2012-01-25 hsag00 Agriculture Committee 1 House committee actions Ordered to be Reported (Amended) by Voice Vote. Committee 2012-01-25 hsag00 Agriculture Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2012-01-25 hsag00 Agriculture Committee 1 House committee actions Subcommittee on General Farm Commodities and Risk Management Discharged. Committee 2011-12-23 House Committee on Agriculture Granted an extension for further consideration ending not later than Feb. 1, 2012. IntroReferral H11210 2 House floor actions hsag00 Agriculture Committee 2011-12-23 Reported (Amended) by the Committee on Financial Services. H. Rept. 112-345, Part I. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2011-12-23 Reported (Amended) by the Committee on Financial Services. H. Rept. 112-345, Part I. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2011-11-30 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by Voice Vote. Committee 2011-11-30 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2011-11-15 hsba16 Capital Markets Subcommittee 1 House committee actions Forwarded by Subcommittee to Full Committee by Voice Vote . Committee 2011-11-15 hsba16 Capital Markets Subcommittee 1 House committee actions Subcommittee Consideration and Mark-up Session Held. Committee 2011-10-14 hsba16 Capital Markets Subcommittee 1 House committee actions Subcommittee Hearings Held. Committee 2011-08-22 hsba16 Capital Markets Subcommittee 1 House committee actions Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises. Committee 2011-07-22 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 2011-07-19 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 2011-07-19 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 2011-07-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-07-19 Introduced in House IntroReferral 1000 9 Library of Congress G000548 Rep. Garrett, Scott [R-NJ-5] Scott Garrett R NJ 5 N M000087 Rep. Maloney, Carolyn B. [D-NY-14] CAROLYN MALONEY D NY B. 14 2011-07-19 True H001060 Rep. Hurt, Robert [R-VA-5] Robert Hurt R VA 5 2011-07-19 True M001137 Rep. Meeks, Gregory W. [D-NY-6] GREGORY MEEKS D NY W. 6 2011-07-19 True G000569 Rep. Grimm, Michael G. [R-NY-13] Michael Grimm R NY G. 13 2011-10-26 False N000182 Rep. Neugebauer, Randy [R-TX-19] Randy Neugebauer R TX 19 2011-10-26 False F000451 Rep. Fitzpatrick, Michael G. [R-PA-8] Michael Fitzpatrick R PA G. 8 2011-10-26 False M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2011-11-02 False D000613 Rep. Dold, Robert J. [R-IL-10] Robert Dold R IL J. 10 2011-11-30 False Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Commodities markets Commodity Futures Trading Commission Financial services and investments Securities Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2011-07-19 Introduced in House 2012-03-16T16:58:52Z Swap Execution Facility Clarification Act - Amends the Commodity Exchange Act and the Securities Exchange Act of 1934 to prohibit both the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), in interpreting or defining a "security-based swap execution facility," from requiring one to: (1) have a minimum number of participants receive a bid or offer or respond to any trading system or platform functionality, (2) display or delay bids or offers for any period of time, (3) limit the means of interstate commerce used by market participants to enter into and execute swap transactions on the trading system or platform; or (4) require bids or offers on one trading system or platform operated by the swap execution facility to interact with bids or offers on another trading system or platform operated by the swap execution facility.

]]> 18 2011-12-23 Reported to House amended, Part I 2012-03-16T17:00:33Z Swap Execution Facility Clarification Act - Amends the Commodity Exchange Act to prohibit the Commodity Futures Trading Commission (CFTC), in interpreting or defining a "security-based swap execution facility," from requiring it to: (1) have a minimum number of participants receive a bid or offer or respond to any trading system or platform functionality, (2) display or delay bids or offers for any period of time, (3) limit the means of interstate commerce used by market participants to enter into and execute swap transactions on the trading system or platform, or (4) require bids or offers on one trading system or platform operated by the swap execution facility to interact with bids or offers on another trading system or platform operated by that facility.

Amends the Securities Exchange Act of 1934 to prohibit the Securities and Exchange Commission (SEC), in interpreting or defining a "security-based swap execution facility," from requiring such a facility to do any of the things the CFTC is prohibited by this Act from requiring, with the exception that the SEC may not require such a facility to limit the means of interstate commerce used by market participants to enter into and execute security-based swap transactions on the method of trading functionality.

]]> 19 2012-02-08 Reported to House amended, Part II 2012-03-16T16:57:04Z Swap Execution Facility Clarification Act - Amends the Commodity Exchange Act to prohibit the Commodity Futures Trading Commission (CFTC), in interpreting or defining a "security-based swap execution facility," from requiring it to: (1) have a minimum number of participants receive a bid or offer or respond to any trading system or platform functionality, (2) display or delay bids or offers for any period of time, (3) limit the means of interstate commerce used by market participants to enter into and execute swap transactions on the trading system or platform, or (4) require bids or offers on one trading system or platform operated by the swap execution facility to interact with bids or offers on another trading system or platform operated by that facility.

Amends the Securities Exchange Act of 1934 to prohibit the Securities and Exchange Commission (SEC), in interpreting or defining a "security-based swap execution facility," from requiring such a facility to do any of the things the CFTC is prohibited by this Act from requiring, with the exception that the SEC may not require such a facility to limit the means of interstate commerce used by market participants to enter into and execute security-based swap transactions on the method of trading functionality.

]]> Swap Execution Facility Clarification Act Display Title Swap Execution Facility Clarification Act Official Title as Introduced To refine the definition of swap execution facility in the provisions regulating swap markets added by title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Introduced in House IH Short Titles as Introduced Swap Execution Facility Clarification Act Short Titles as Reported to House Swap Execution Facility Clarification Act H House Reported in House 2012-02-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2586rh/xml/BILLS-112hr2586rh.xml Introduced in House 2011-07-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2586ih/xml/BILLS-112hr2586ih.xml 2012-02-08 Placed on the Union Calendar, Calendar No. 266. 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.