3.0.0 4413 2023-01-11T13:26:18Z 2023-01-11T13:26:18Z House H HR 2014-04-07 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LUCAS:H.R. 4413.Congress has the power to enact this legislation pursuantto the following:The ability to regulate interstate commerce and withforeign Nations pursuant to Article 1, Section 8, Clause 3includes the power to regulate commodity prices by insuringfair, open and transparent commodity futures and swap marketsand the practices affecting them.[Page H2990]]]> ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Standing Referred to 2014-06-25T18:30:07Z hsag00 Agriculture Committee House Standing Reported by 2014-06-05T19:19:53Z Markup by 2014-04-09T16:27:56Z Referred to 2014-04-07T16:01:35Z H. Rept. 113-469 Public Power Risk Management Act of 2013 113 1038 HR 2013-06-13 Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. Related bill CRS Swap Jurisdiction Certainty Act 113 1256 HR 2013-06-13 Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. Related bill CRS Business Risk Planning Act 113 4330 HR 2014-04-22 Referred to the Subcommittee on General Farm Commodities and Risk Management. Related bill CRS Energize Emerging Opportunities Act 113 4392 HR 2014-04-22 Referred to the Subcommittee on General Farm Commodities and Risk Management. Related bill CRS Promoting Job Creation and Reducing Small Business Burdens Act 113 5405 HR 2014-09-17 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS To amend the Commodity Exchange Act and the Securities Exchange Act of 1934 to specify how clearing requirements apply to certain affiliate transactions, and for other purposes. 113 5471 HR 2014-12-10 Referred to the Committee on Agriculture, Nutrition, and Forestry. Related bill CRS Public Power Risk Management Act of 2013 113 1802 S 2013-12-11 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. Related bill CRS End-User Protection Act of 2014 113 2330 S 2014-05-13 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. (text of measure as introduced: CR S2955-2957) Related bill CRS Derivatives End-Users Clarification Act 113 2976 S 2014-12-04 Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. Related bill CRS Providing for consideration of the bill (H.R. 4413) to reauthorize the Commodity Futures Trading Commission, to better protect futures customers, to provide end users with market certainty, to make basic reforms to ensure transparency and accountability at the Commission, to help farmers, ranchers, and end users manage risks to help keep consumer costs low, and for other purposes. 113 629 HRES 2014-06-19 Motion to reconsider laid on the table Agreed to without objection. 17:02:41 Procedurally-related House 2014-06-25 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. IntroReferral 2014-06-24 14:41:16 On passage Passed by recorded vote: 265 - 144 (Roll no. 349). Floor H37100 2 House floor actions 349 https://clerk.house.gov/evs/2014/roll349.xml House 113 2014-06-24T18:41:16Z 2 2014-06-24 14:41:16 Passed/agreed to in House: On passage Passed by recorded vote: 265 - 144 (Roll no. 349). Floor 8000 9 Library of Congress 349 https://clerk.house.gov/evs/2014/roll349.xml House 113 2014-06-24T18:41:16Z 2 2014-06-24 14:35:03 On motion to recommit with instructions Failed by recorded vote: 191 - 220 (Roll no. 348). (consideration: CR H5665) Floor H36110 2 House floor actions hsag00 Agriculture Committee 348 https://clerk.house.gov/evs/2014/roll348.xml House 113 2014-06-24T18:35:03Z 2 2014-06-24 14:26:52 The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H5664-5665) Floor H8A000 2 House floor actions 2014-06-24 14:20:59 DEBATE - The House proceeded with 10 minutes of debate on the Kuster motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to ensure that the Commodity Futures Trading Commission would: (1) immediately curb the role of excessive speculation in any designated facility within its jurisdiction through which oil and gasoline futures or swaps are traded to eliminate excessive speculation, price distortion, or sudden or unreasonable fluctuations or unwarranted changes in prices; (2) investigate the number of swap and security-based swap market participants that have moved their headquarters or operations out of the United States in order to avoid compliance with United States swap requirements; and (3) require overseas derivatives users to obey American laws prohibiting fraud and manipulation of American markets, pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act. Floor H8D000 2 House floor actions 2014-06-24 14:20:36 Ms. Kuster moved to recommit with instructions to the Committee on Agriculture. (consideration: CR H5663-5665; text: CR H5663) Floor H36100 2 House floor actions hsag00 Agriculture Committee 2014-06-24 14:19:38 The House adopted the amendment in the nature of a substitute as agreed to by the Committee of the Whole House on the state of the Union. Floor H34400 2 House floor actions 2014-06-24 14:19:16 The previous question was ordered pursuant to the rule. (consideration: CR H5663) Floor H35000 2 House floor actions 2014-06-24 14:18:57 The House rose from the Committee of the Whole House on the state of the Union to report H.R. 4413. Floor H32600 2 House floor actions 2014-06-24 13:57:23 UNFINISHED BUSINESS - The Chair announced that, pursuant to clause 6 of Rule XVIII, the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed. Floor H8D000 2 House floor actions 2014-06-24 13:57:05 The House resolved into Committee of the Whole House on the state of the Union for further consideration. Floor H32050 2 House floor actions 2014-06-24 13:56:46 Considered as unfinished business. (consideration: CR H5659-5665) Floor H30000 2 House floor actions 2014-06-23 21:02:48 Committee of the Whole House on the state of the Union rises leaving H.R. 4413 as unfinished business. Floor H32700 2 House floor actions 2014-06-23 21:02:26 On motion that the Committee rise Agreed to by voice vote. Floor H32341 2 House floor actions 2014-06-23 21:02:08 Mr. Lucas moved that the Committee rise. Floor H32340 2 House floor actions 2014-06-23 21:01:23 POSTPONED PROCEEDINGS - At the conclusion of debate on the Garrett amendment No. 8, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Peterson (MN) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced. Floor H8D000 2 House floor actions 2014-06-23 20:50:38 DEBATE - Pursuant to the provisions of H. Res. 629, the Committee of the Whole proceeded with 10 minutes of debate on the Garrett amendment No. 8. Floor H8D000 2 House floor actions 2014-06-23 20:45:40 DEBATE - Pursuant to the provisions of H. Res. 629, the Committee of the Whole proceeded with 10 minutes of debate on the Fincher amendment No. 7. Floor H8D000 2 House floor actions 2014-06-23 20:44:22 POSTPONED PROCEEDINGS - At the conclusion of debate on the Jackson Lee amendment No. 6, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Ms. Jackson Lee demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced. Floor H8D000 2 House floor actions 2014-06-23 20:38:49 DEBATE - Pursuant to the provisions of H. Res. 629, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson Lee amendment No. 6. Floor H8D000 2 House floor actions 2014-06-23 20:37:13 POSTPONED PROCEEDINGS - At the conclusion of debate on the Moore amendment No. 5, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Ms. Moore demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced. Floor H8D000 2 House floor actions 2014-06-23 20:28:45 DEBATE - Pursuant to the provisions of H. Res. 629, the Committee of the Whole proceeded with 10 minutes of debate on the Moore amendment No. 5. Floor H8D000 2 House floor actions 2014-06-23 20:27:07 POSTPONED PROCEEDINGS - At the conclusion of debate on the Waters amendment No. 4, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Ms. Waters demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced. Floor H8D000 2 House floor actions 2014-06-23 20:20:35 DEBATE - Pursuant to the provisions of H. Res. 629, the Committee of the Whole proceeded with 10 minutes of debate on the Waters amendment No. 4. Floor H8D000 2 House floor actions 2014-06-23 20:15:21 DEBATE - Pursuant to the provisions of H. Res. 629, the Committee of the Whole proceeded with 10 minutes of debate on the DelBene amendment No. 3. Floor H8D000 2 House floor actions 2014-06-23 20:14:17 POSTPONED PROCEEDINGS - At the conclusion of debate on the Jackson Lee amendment No. 2, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Ms. Jackson Lee demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced. Floor H8D000 2 House floor actions 2014-06-23 20:08:16 DEBATE - Pursuant to the provisions of H. Res. 629, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson Lee amendment No. 2. Floor H8D000 2 House floor actions 2014-06-23 20:05:23 DEBATE - Pursuant to the provisions of H. Res. 629, the Committee of the Whole proceeded with 10 minutes of debate on the DeFazio amendment No. 1. Floor H8D000 2 House floor actions 2014-06-23 19:11:52 GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 4413. Floor H8D000 2 House floor actions 2014-06-23 19:11:32 The Speaker designated the Honorable Rob Bishop to act as Chairman of the Committee. Floor H32400 2 House floor actions 2014-06-23 19:11:31 House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 629 and Rule XVIII. Floor H32020 2 House floor actions 2014-06-23 19:11:05 Rule provides for consideration of H.R. 4413 with 1 hour of general debate. Motion to recommit with or without instructions allowed. The rule makes in order as original text for the purpose of amendment an amendment in the nature of a substitute consisting of the text of Rules Committee Print 113-47. Floor H8D000 2 House floor actions 2014-06-23 19:11:00 Considered under the provisions of rule H. Res. 629. (consideration: CR H5612-5638; text of measure as reported in House: CR H512-5629) Floor H30000 2 House floor actions 2014-06-23 19:10:43 The Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 4413. Floor H38900 2 House floor actions 2014-06-19 17:02:39 Rule H. Res. 629 passed House. Floor H1L220 2 House floor actions 2014-06-18 17:17:14 Rules Committee Resolution H. Res. 629 Reported to House. Rule provides for consideration of H.R. 4413 with 1 hour of general debate. Motion to recommit with or without instructions allowed. The rule makes in order as original text for the purpose of amendment an amendment in the nature of a substitute consisting of the text of Rules Committee Print 113-47. Floor H1L210 2 House floor actions 2014-06-05 Placed on the Union Calendar, Calendar No. 348. Calendars H12410 2 House floor actions U00348 2014-06-05 Reported by the Committee on Agriculture. H. Rept. 113-469. Committee H12200 2 House floor actions hsag00 Agriculture Committee 2014-06-05 Reported by the Committee on Agriculture. H. Rept. 113-469. Committee 5000 9 Library of Congress hsag00 Agriculture Committee 2014-04-09 hsag00 Agriculture Committee 1 House committee actions Ordered to be Reported by Voice Vote. Committee 2014-04-09 hsag00 Agriculture Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2014-04-07 Referred to the House Committee on Agriculture. IntroReferral H11100 2 House floor actions hsag00 Agriculture Committee 2014-04-07 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-04-07 Introduced in House IntroReferral 1000 9 Library of Congress L000491 Rep. Lucas, Frank D. [R-OK-3] FRANK LUCAS R OK D. 3 N P000258 Rep. Peterson, Collin C. [D-MN-7] COLLIN PETERSON D MN C. 7 2014-04-07 True C001062 Rep. Conaway, K. Michael [R-TX-11] K. Conaway R TX Michael 11 2014-04-07 True S001157 Rep. Scott, David [D-GA-13] David Scott D GA 13 2014-04-07 True Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Business investment and capital Business records Commodities markets Commodity Futures Trading Commission Congressional oversight Consumer affairs Corporate finance and management Executive agency funding and structure Federal officials Financial services and investments Government information and archives Government studies and investigations Judicial review and appeals Licensing and registrations Oil and gas Public utilities and utility rates U.S. and foreign investments Finance and Financial Sector 00 2014-04-07 Introduced in House 2014-06-25T16:25:07Z Customer Protection and End User Relief Act - Futures Customer Protection Act - Amends the Commodity Exchange Act (CEA) to direct registered futures associations to require their futures commission merchant members to: (1) maintain written policies and procedures governing maintenance of members’ specified residual interests in customer segregated funds accounts, including cleared swaps customer collateral accounts; and (2) establish rules governing the withdrawal, transfer, or disbursement of a member's residual interest in customer segregated funds, in foreign futures and foreign options customer secured amount funds, and from a cleared swaps customer collateral.

Authorizes the Commodity Futures Trading Commission (CFTC) to require that property of the bankruptcy estate, including trading or operating accounts and commodities held in inventory, of a commodity broker who is a Chapter 7 debtor in bankruptcy be included in customer property to the extent that such property is insufficient to satisfy the net equity claims of the broker's public customers.

Directs the CFTC to examine the effect of high-frequency trading upon markets under its jurisdiction.

Commodity Futures Trading Commission Reform Act - Extends authority for CFTC operations. Amends the Commodity Exchange Act (CEA) to revise the requirement that the CFTC, before promulgating a regulation or issuing an order, consider the costs and benefits of the action. Requires the CFTC, through the Office of the Chief Economist (established by this Act), to: (1) assess and publish the costs and benefits, both qualitative and quantitative, of the proposed regulation; and (2) require the proposed regulation or order to state its statutory justification.

Requires the CFTC to submit every five years to certain congressional committees a detailed strategic technology plan focused on its acquisition and use of technology.

Requires CFTC staff and the Chief Economist to develop comprehensive internal risk control mechanisms to safeguard and govern the storage of all market data, including CFTC market data sharing agreements, and academic research performed at the CFTC using market data.

Requires the CFTC to direct its staff to develop and publish in any proposed rule a plan for: (1) when and for how long the proposed rule will be subject to public comment, and (2) a deadline for compliance with the final rule.

Instructs the Comptroller General (GAO) to: (1) study whether CFTC resources are sufficient to enable the CFTC to carry out its duties effectively; and (2) examine prior CFTC expenditures on hardware, software, and analytical processes to protect customers in the areas of market surveillance and risk detection, and market data collection, aggregation, interpretation, standardization, harmonization, and streamlining.

End-User Relief and Market Certainty Act - Amends the CEA to exempt, from the rules of prudential regulators for swap dealers and major swap participants with respect to initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization, those swaps in which one of the counterparties: (1) is eligible for an exception from clearing requirements for certain significant price discovery agreements, contracts, or transactions in a commodity exempt from regulation by the CFTC, or an exemption from certain clearing requirements for cooperative entities; or (2) satisfies certain criteria for the treatment of affiliates.

Revises the treatment of affiliate transactions that may be exempt from clearing requirements to authorize such an exemption only if such affiliate enters into the swap to hedge or mitigate the commercial risk of the person that is not a financial entity (as under current law), except that if the transfer of commercial risk is addressed by entering into a swap with a swap dealer or major swap participant, a credit support measure or other mechanism is utilized.

Prescribes reporting requirements for transactions in utility operations-related swaps.

Requires the CFTC, in determining whether to exempt from designation as a swap dealer an entity that engages in a de minimis quantity of swap dealing, to treat a utility operations-related swap entered into with a utility special entity as if the entity were not a special entity.

Excludes from the definition of financial entity subject to clearing requirements specified entities that are not supervised by a prudential regulator, yet are commercial market participants deemed to be a financial entity because they: (1) predominantly engage in physical delivery contracts; or (2) enter into swaps, contracts for future delivery, and other derivatives on behalf of, or to hedge or mitigate the commercial risk of affiliates that are not so supervised or described.

Directs the CFTC to: (1) provide by rule for the public reporting of swap transactions in illiquid markets that are not cleared and entered into by a non-financial entity that is hedging or mitigating commercial risk; and (2) ensure that certain swap transaction information is publicly available no sooner than 30 days after the swap transaction has been executed, or at such later date as the CFTC determines appropriate to protect the identity of participants and positions in illiquid markets and to prevent the elimination or reduction of market liquidity.

Sets forth recordkeeping requirements for a member of a designated contract market or a swap execution facility that is neither registered with the CFTC nor required to be so registered.

Excludes from the definition of “swap” any purchase or sale of a nonfinancial commodity or security for deferred shipment or delivery, so long as the transaction is intended to be physically settled (as under current law), including any stand-alone or embedded option: (1) for which exercise results in a physical delivery obligation, (2) which cannot be severed or marketed separately from the overall transaction for the purpose of financial settlement, and (3) in which both parties are commercial market participants.

Requires a new affirmative CFTC rule or regulation in order to amend or reduce the de minimis quantity of swap dealing that is currently set at $8 billion.

Directs the CFTC, in consultation with the prudential regulators and the Securities and Exchange Commission (SEC), to the extent that swap dealers and major swap participants that are banks are permitted by the regulators or the SEC to use approved financial models to calculate minimum capital requirements and minimum initial and variation margin requirements, including the use of non-cash collateral, to permit the use of comparable financial models by swap dealers and major swap participants that are not banks.

Directs the CFTC to amend regulations regarding criteria that qualify certain registered commodity pool operators for exemption from requirements for specified risk disclosures, performance disclosures, periodic reporting, annual reporting, and recordkeeping.

Alters one criterion for qualification for such exemptions currently granted to: (1) registered commodity pool operators who sell participations in a pool solely to qualified eligible persons in an offering which qualifies for exemption from the registration requirements of the Securities Act, and (2) certain banks registered as commodity pool operators in connection with a pool that is a collective trust fund whose securities are exempt from registration under the Securities Act.

Authorizes the CFTC to define a bona fide hedging transaction, consistent with certain CEA requirements.

Directs the CFTC to issue rules governing cross-border regulation of derivatives transactions.

Makes enactment of this Act retroactive to July 21, 2010 (the date of enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act).

]]> 36 2014-06-24 Passed House amended 2014-12-16T17:25:44Z Customer Protection and End User Relief Act - Title I: Customer Protections - Futures Customer Protection Act - (Sec. 102) Amends the Commodity Exchange Act (CEA) to direct registered futures associations to require their futures commission merchant members to: (1) maintain written policies and procedures governing maintenance of members’ specified residual interests in customer segregated funds accounts, including cleared swaps customer collateral accounts; and (2) establish rules governing the withdrawal, transfer, or disbursement of a member's residual interest in customer segregated funds, in foreign futures and foreign options customer secured amount funds, and from a cleared swaps customer collateral.

(Sec. 106) Authorizes the Commodity Futures Trading Commission (CFTC) to require that property of the bankruptcy estate, including trading or operating accounts and commodities held in inventory, of a commodity broker who is a Chapter 7 debtor in bankruptcy be included in customer property, subject to any otherwise unavoidable security interest, or otherwise unavoidable contractual offset or netting rights of creditors in respect of such property, but only to the extent that such property is insufficient to satisfy the net equity claims of the broker's public customers.

(Sec. 107) Directs the CFTC to examine the effect of high-frequency trading upon markets under its jurisdiction, particularly whether such trading increases market volatility, including short term market swings.

Title II: Commodity Futures Trading Commission Reforms - Commodity Futures Trading Commission Reform Act - (Sec. 203) Extends authority for CFTC operations. Amends the Commodity Exchange Act (CEA) to revise the requirement that the CFTC, before promulgating a regulation or issuing an order, consider the costs and benefits of the action. Requires the CFTC, through the Office of the Chief Economist (established by this Act), to: (1) assess and publish the costs and benefits, both qualitative and quantitative, of the proposed regulation; and (2) require the proposed regulation or order to state its statutory justification.

Requires a court to affirm a CFTC assessment of costs and benefits, unless it finds the assessment to be an abuse of discretion.

(Sec. 204) States that the heads of CFTC units (division directors) shall serve at the pleasure of the Commission, report directly to it, and perform such functions and duties as the Commission may prescribe.

(Sec. 205) Establishes within the CFTC the Office of the Chief Economist.

(Sec. 206) Directs the CFTC to develop and publish internal procedures governing the issuance of any CFTC response to a formal, written request or petition from any member of the public for an exemptive, a no-action, or an interpretive letter.

Requires such procedures to require that the CFTC be provided with the final version of the matter to be issued in the response with sufficient notice to review it thoroughly before its issuance.

(Sec. 207) Requires the CFTC to submit every five years to certain congressional committees a detailed strategic technology plan focused upon its acquisition and use of technology. Prescribes plan contents.

(Sec. 208) Requires the CFTC to develop comprehensive internal risk control mechanisms to safeguard and govern the storage of all market data, including CFTC market data sharing agreements, and academic research performed at the CFTC using market data.

Requires the CFTC to submit to certain congressional committees two status reports regarding implementation of specified internal risk controls.

(Sec. 209) Requires a CFTC order authorizing the issuance of a subpoena in an investigation to state: (1) the legitimate purpose of the investigation, and (2) the information sought that will be reasonably relevant to that purpose.

Prohibits the issuance of such an order for an indefinite duration, and permits it to be renewed only by CFTC action.

(Sec. 210) Requires CFTC staff to develop and publish in any proposed rule a plan for: (1) when and for how long the proposed rule will be subject to public comment, and (2) a deadline for compliance with the final rule.

(Sec. 211) Applies certain notice and comment requirements of the Administrative Procedure Act to guidance issued by the CFTC.

(Sec. 212) Prescribes procedures for judicial review of CFTC rules.

(Sec. 213) Directs the Comptroller General (GAO) to: (1) study and report to certain congressional committees whether CFTC resources are sufficient to enable the CFTC to carry out its duties effectively; and (2) examine prior CFTC expenditures on hardware, software, and analytical processes to protect customers in the areas of market surveillance and risk detection, and market data collection, aggregation, interpretation, standardization, harmonization, and streamlining.

(Sec. 214) Prohibits compulsory CFTC disclosure of proprietary information provided to it; but denies any authorization for the CFTC to withhold information from Congress, upon an agreement of confidentiality.

States this prohibition does not prevent:

  • CFTC compliance with a request for information from any federal agency or state, local, or foreign governmental entity requesting it for purposes within the scope of its jurisdiction, upon an agreement of confidentiality to protect the information; or
  • CFTC disclosure pursuant to a court order in connection with an administrative or judicial proceeding brought under this Act, in any receivership proceeding involving a receiver appointed in a judicial proceeding brought under this Act, or in any bankruptcy proceeding in which the CFTC has either intervened or in which it has the right to appear and be heard.

Subjects proprietary information of a commodity trading advisor or commodity pool operator ascertained via specified CFTC forms to the same limitations on public disclosure as any facts ascertained during an investigation. States that the CFTC, however, shall not be precluded from publishing aggregate information compiled from such forms, to the extent such aggregate information does not identify any individual person or firm, or such person's proprietary information.

(Sec. 215) Directs GAO to study how to achieve efficiencies in leasing and rental costs at the CFTC.

Requires the CFTC Chairman to report to certain congressional committees as to whether he or she accepts or rejects the GAO recommendations.

Title III: End-User Relief and Market Certainty Act - End-User Relief and Market Certainty Act - Subtitle A: End-User Exemption From Margin Requirements - (Sec. 311) Amends the CEA to exempt from prudential rules governing initial and variation margin requirements those swaps in which one of the counterparties: (1) is eligible for an exception from clearing requirements for certain significant price discovery agreements, contracts, or transactions in a commodity exempt from regulation by the CFTC, or an exemption from certain clearing requirements for cooperative entities; or (2) satisfies certain criteria for the treatment of affiliates.

Amends the Securities Exchange Act of 1934 (Act) to exempt from prudential regulator and CFTC margin requirements for security-based swap dealers and major security-based swap participants any security-based swap in which a counterparty qualifies for an exception from clearing requirements or satisfies the criteria for an excepted affiliate.

Subtitle B: Inter-Affiliate Swaps - (Sec. 321) Amends the CEA and the Act to revise the treatment of affiliate transactions that may be exempt from clearing requirements to authorize such an exemption only if the affiliate enters into the swap to hedge or mitigate the commercial risk of the person that is not a financial entity (as under current law), provided that an appropriate credit support measure or other mechanism is used if the transfer of commercial risk is addressed by entering into: (1) a swap with either a swap dealer or major swap participant, or (2) a security-based swap with a security-based swap dealer or major security-based swap participant.

Applies this subtitle only to swaps or security-based swaps entered into after enactment of this Act.

Subtitle C: Indemnification Requirements Related to Swap Data Repositories - (Sec. 331) Amends the Act and the CEA to require that the CFTC, swap-data repositories, and security-based swap-data repositories, before sharing information with specified federal and foreign entities, receive a written agreement from each such entity stating that it will abide by specified confidentiality requirements regarding the information provided on their swap transactions.

Subtitle D: Relief for Municipal Utilities - (Sec. 341) Amends the CEA to prescribe reporting requirements for transactions in utility operations-related swaps.

Requires the CFTC, in determining whether to exempt an entity that engages in a de minimis quantity of swap dealing, to treat a utility operations-related swap entered into with a utility special entity as if the entity were not a special entity.

Subtitle E: End-User Regulatory Relief - (Sec. 351) Excludes from the definition of financial entity subject to clearing requirements specified entities that are not supervised by a prudential regulator, yet are commercial market participants deemed to be a financial entity because they: (1) predominantly engage in physical delivery contracts; or (2) enter into swaps, contracts for future delivery, and other derivatives on behalf of, or to hedge or mitigate the commercial risk of affiliates that are not so supervised or described.

(Sec. 352) Directs the CFTC to: (1) provide by rule for the public reporting of swap transactions in illiquid markets that are not cleared and entered into by a non-financial entity that is hedging or mitigating commercial risk; and (2) ensure that certain swap transaction information is publicly available no sooner than 30 days after the swap transaction has been executed, or at a later date appropriate to protect the identity of participants and positions in illiquid markets and to prevent the elimination or reduction of market liquidity.

Defines "illiquid market" as any market in which the volume and frequency of trading in swaps is at such a level as to allow identification of individual market participants.

(Sec. 353) Sets forth recordkeeping requirements for a member of a designated contract market or a swap execution facility that is neither registered with the CFTC nor required to be registered.

(Sec. 354) Excludes from the definition of “swap” any purchase or sale of a nonfinancial commodity or security for deferred shipment or delivery, so long as the transaction is intended to be physically settled (as under current law), including any stand-alone or embedded option: (1) for which exercise results in a physical delivery obligation, (2) which cannot be severed or marketed separately from the overall transaction for the purpose of financial settlement, and (3) in which both parties are commercial market participants.

(Sec. 355) Requires a new affirmative CFTC rule or regulation in order to amend or reduce the de minimis quantity of swap dealing that is currently set at $8 billion.

(Sec. 356) Directs the CFTC, in consultation with the prudential regulators and the Securities and Exchange Commission (SEC), to the extent that swap dealers and major swap participants that are banks are permitted to use approved financial models to calculate minimum capital requirements (including minimum initial and variation margin requirements and non-cash collateral) to permit the use of comparable financial models by swap dealers and major swap participants that are not banks.

Amends the Act to require the SEC, in consultation with the CFTC, to do the same with respect to security-based swap dealers and major security-based swap participants.

(Sec. 357) Directs the CFTC to revise regulations regarding criteria that qualify certain registered commodity pool operators for exemption from requirements for specified risk disclosures, performance disclosures, periodic reporting, annual reporting, and recordkeeping.

Alters one criterion for qualification for such exemptions currently granted to: (1) registered commodity pool operators who sell participations in a pool solely to qualified eligible persons in an offering which qualifies for exemption from the registration requirements of the Securities Act, and (2) certain banks registered as commodity pool operators in connection with a pool that is a collective trust fund whose securities are exempt from registration under the Securities Act.

(Sec. 358) Authorizes the CFTC to define a bona fide hedging transaction, consistent with certain CEA requirements.

(Sec. 359) Directs the SEC and the CFTC jointly to issue rules setting forth the application of United States swaps requirements for cross-border swaps and security-based swaps transactions involving U.S. persons or non-U.S. persons.

(Sec. 360) Directs the CFTC to report to certain congressional committees on the standards and rules of foreign boards of trade with respect to the physical delivery of base metals, including warehousing facilities, as compared to the standards and rules for domestic designated contract markets and related warehouses for base metals.

(Sec. 361) Excludes from the definition of "commodity pool operator" a person who serves as an investment adviser to a registered investment company (or its subsidiary) that invests, reinvests, owns, holds, or trades in commodity interests limited to only financial commodity interests.

Excludes from the definition of "commodity trading advisor" a person who serves as an investment adviser to a registered investment company or its subsidiary, if the commodity trading advice relates only to a financial commodity interest.

Defines "financial commodity interest" as a futures contract, an option on a futures contract, or a swap involving a commodity that is not an exempt commodity or an agricultural commodity, including any index of financial commodity interests, whether cash settled or involving physical delivery.

Subtitle F: Effective Date - (Sec. 371) Makes enactment of this Act retroactive to July 21, 2010 (the date of enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act).

]]> Customer Protection and End User Relief Act Display Title Customer Protection and End User Relief Act Official Title as Introduced To reauthorize the Commodity Futures Trading Commission, to better protect futures customers, to provide end users with market certainty, to make basic reforms to ensure transparency and accountability at the Commission, to help farmers, ranchers, and end users manage risks to help keep consumer costs low, and for other purposes. Introduced in House IH Short Titles as Introduced for portions of this bill Commodity Futures Trading Commission Reform Act Short Titles as Introduced for portions of this bill Futures Customer Protection Act Short Titles as Reported to House for portions of this bill Futures Customer Protection Act H House Short Titles as Reported to House for portions of this bill End-User Relief and Market Certainty Act H House Short Titles as Introduced for portions of this bill End-User Relief and Market Certainty Act Short Titles as Passed House for portions of this bill Commodity Futures Trading Commission Reform Act H House Short Titles as Passed House for portions of this bill End-User Relief and Market Certainty Act H House Short Titles as Passed House for portions of this bill Futures Customer Protection Act H House Short Titles as Reported to House for portions of this bill Commodity Futures Trading Commission Reform Act H House Short Titles as Introduced Customer Protection and End User Relief Act Short Titles as Passed House Customer Protection and End User Relief Act H House Short Titles as Reported to House Customer Protection and End User Relief Act H House 954 113 HAMDT An amendment No. 8 printed in House Report 113-476 to exempt Registered Investment Companies (RICs) that are currently registered with the Securities and Exchange Commission (SEC) under the Investment Company Act of 1940 from duplicative registration requirements with the Commodity Futures Trading Commission (CFTC) allowing the SEC to continue to have full regulatory oversight and enforcement authority over RICs. Amendment does not remove the jurisdiction and regulatory authority that the CFTC has over all futures, options and swaps transactions that the RICs invest in on behalf of their customers who are pensioners, retirees, and savers. Amendment exempts Registered Investment Companies (RICs) that are currently registered with the Securities and Exchange Commission (SEC) under the Investment Company Act of 1940 from duplicative registration requirements with the Commodity Futures Trading Commission (CFTC) allowing the SEC to continue to have full regulatory oversight and enforcement authority over RICs. Amendment does not remove the jurisdiction and regulatory authority that the CFTC has over all futures, options and swaps transactions that the RICs invest in on behalf of their customers who are pensioners, retirees, and savers. 2022-02-03T05:49:41Z 2014-06-24 On agreeing to the Garrett amendment (A008) Agreed to by recorded vote: 252 - 158 (Roll no. 347). (consideration: CR H5662-5663) 14:18:34 H5662-5663 https://www.congress.gov/congressional-record/volume-160/house-section/page/H5662-5663 Roll no. 347 https://clerk.house.gov/evs/2014/roll347.xml G000548 Rep. Garrett, Scott [R-NJ-5] Scott Garrett R NJ 5 2014-06-23T04:00:00Z House of Representatives 113 HR House H 4413 Customer Protection and End User Relief Act 2023-01-11T13:26:18Z 8 2014-06-24 14:18:34 On agreeing to the Garrett amendment (A008) Agreed to by recorded vote: 252 - 158 (Roll no. 347). (consideration: CR H5662-5663) Floor H32111 2 House floor actions 347 House 113 2014-06-24T18:18:34Z 2 https://clerk.house.gov/evs/2014/roll347.xml 2014-06-23 20:50:36 Amendment (A008) offered by Mr. Garrett. (consideration: CR H5636-5638; text: CR H5636) Floor H3A100 2 House floor actions 2014-06-24 14:18:34 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 347 House 113 2014-06-24T18:18:34Z 2 https://clerk.house.gov/evs/2014/roll347.xml 2014-06-24 14:18:34 House amendment agreed to: On agreeing to the Garrett amendment (A008) Agreed to by recorded vote: 252 - 158 (Roll no. 347).(consideration: CR H5662-5663) Floor 72000 9 Library of Congress 347 House 113 2014-06-24T18:18:34Z 2 https://clerk.house.gov/evs/2014/roll347.xml 2014-06-24 14:18:34 Roll call votes on amendments in House Floor 75000 9 Library of Congress 347 House 113 2014-06-24T18:18:34Z 2 https://clerk.house.gov/evs/2014/roll347.xml 2014-06-23 20:50:36 House amendment offered/reported by: Amendment (A008) offered by Mr. Garrett.(consideration: CR H5636-5638; text: CR H5636) NotUsed 71500 9 Library of Congress 2014-06-23 House amendment offered Floor 71000 9 Library of Congress 953 113 HAMDT An amendment No. 7 printed in House Report 113-476 to direct the Comptroller General of the United States to conduct a study of the efficiencies in leasing and rental costs at the Commodity Futures Trading Commission. Amendment requires the Comptroller General of the United States to conduct a study of the efficiencies in leasing and rental costs at the CFTC. 2022-02-03T05:49:41Z 2014-06-23 On agreeing to the Fincher amendment (A007) Agreed to by voice vote. 20:49:08 F000458 Rep. Fincher, Stephen Lee [R-TN-8] Stephen Fincher R TN Lee 8 2014-06-23T04:00:00Z House of Representatives 113 HR House H 4413 Customer Protection and End User Relief Act 2023-01-11T13:26:18Z 8 2014-06-23 20:49:08 On agreeing to the Fincher amendment (A007) Agreed to by voice vote. Floor H32111 2 House floor actions 2014-06-23 20:45:27 Amendment (A007) offered by Mr. Fincher. (consideration: CR H5635-5636; text: CR H5635) Floor H3A100 2 House floor actions 2014-06-23 20:45:27 House amendment offered/reported by: Amendment (A007) offered by Mr. Fincher.(consideration: CR H5635-5636; text: CR H5635) NotUsed 71500 9 Library of Congress 2014-06-23 20:45:27 House amendment offered/reported by: Amendment (A007) offered by Mr. Fincher.(consideration: CR H5635-5636; text: CR H5635) NotUsed 71500 9 Library of Congress 2014-06-23 20:49:08 House amendment agreed to: On agreeing to the Fincher amendment (A007) Agreed to by voice vote. Floor 72000 9 Library of Congress 2014-06-23 20:49:08 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2014-06-23 House amendment offered Floor 71000 9 Library of Congress 952 113 HAMDT An amendment No. 6 printed in House Report 113-476 to preserve existing law by striking "United States Court of Appeals for the District of Columbia Circuit or the United States Court of Appeals for the circuit," and replace it with "United States District Court for the District of Columbia or the United States District Court for the district.". Amendment sought to provide that when a legal challenge to a CFTC regulation is first reviewed by the district court, any appeal to such decision would then go to the court of appeals. 2022-02-03T05:49:41Z 2014-06-24 On agreeing to the Jackson Lee amendment (A006) Failed by recorded vote: 177 - 233 (Roll no. 346). (consideration: CR H5662) 14:14:04 H5662 https://www.congress.gov/congressional-record/volume-160/house-section/page/H5662 Roll no. 346 https://clerk.house.gov/evs/2014/roll346.xml J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2014-06-23T04:00:00Z House of Representatives 113 HR House H 4413 Customer Protection and End User Relief Act 2023-01-11T13:26:18Z 9 2014-06-24 14:14:04 On agreeing to the Jackson Lee amendment (A006) Failed by recorded vote: 177 - 233 (Roll no. 346). (consideration: CR H5662) Floor H32111 2 House floor actions 346 House 113 2014-06-24T18:14:04Z 2 https://clerk.house.gov/evs/2014/roll346.xml 2014-06-23 20:38:47 Amendment (A006) offered by Ms. Jackson Lee. (consideration: CR H5634-5635; text: CR H5634) Floor H3A100 2 House floor actions 2014-06-24 14:14:04 Amendment failed in Committee of the Whole NotUsed 77000 9 Library of Congress 346 House 113 2014-06-24T18:14:04Z 2 https://clerk.house.gov/evs/2014/roll346.xml 2014-06-24 14:14:04 House amendment not agreed to: On agreeing to the Jackson Lee amendment (A006) Failed by recorded vote: 177 - 233 (Roll no. 346).(consideration: CR H5662) Floor 73000 9 Library of Congress 346 House 113 2014-06-24T18:14:04Z 2 https://clerk.house.gov/evs/2014/roll346.xml 2014-06-24 14:14:04 Roll call votes on amendments in House Floor 75000 9 Library of Congress 346 House 113 2014-06-24T18:14:04Z 2 https://clerk.house.gov/evs/2014/roll346.xml 2014-06-23 20:38:47 House amendment offered/reported by: Amendment (A006) offered by Ms. Jackson Lee.(consideration: CR H5634-5635; text: CR H5634) NotUsed 71500 9 Library of Congress 2014-06-23 House amendment offered Floor 71000 9 Library of Congress 2014-06-23 House amendment offered Floor 71000 9 Library of Congress 951 113 HAMDT An amendment No 5. printed in House Report 113-476 to strike Section 203, and replace it with a Sense of Congress that the Commodities Future Trading Commission is already required by law to consider costs and benefits when promulgating rules and issuing orders, and is held accountable to this requirement by courts. Amendment sought to strike section 203, and replace it with a Sense of Congress that the Commodities Future Trading Commission is already required by law to consider costs and benefits when promulgating rules and issuing orders, and is held accountable to this requirement by courts. 2022-02-03T05:49:41Z 2014-06-24 On agreeing to the Moore amendment (A005) Failed by recorded vote: 173 - 239 (Roll no. 345). (consideration: CR H5661-5662) 14:10:28 H5661-5662 https://www.congress.gov/congressional-record/volume-160/house-section/page/H5661-5662 Roll no. 345 https://clerk.house.gov/evs/2014/roll345.xml M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2014-06-23T04:00:00Z House of Representatives 113 HR House H 4413 Customer Protection and End User Relief Act 2023-01-11T13:26:18Z 10 2014-06-24 14:10:28 On agreeing to the Moore amendment (A005) Failed by recorded vote: 173 - 239 (Roll no. 345). (consideration: CR H5661-5662) Floor H32111 2 House floor actions 345 House 113 2014-06-24T18:10:28Z 2 https://clerk.house.gov/evs/2014/roll345.xml 2014-06-23 20:28:42 Amendment (A005) offered by Ms. Moore. (consideration: CR H5632-5634; text: CR H5632-5633) Floor H3A100 2 House floor actions 2014-06-24 14:10:28 House amendment not agreed to: On agreeing to the Moore amendment (A005) Failed by recorded vote: 173 - 239 (Roll no. 345).(consideration: CR H5661-5662) Floor 73000 9 Library of Congress 345 House 113 2014-06-24T18:10:28Z 2 https://clerk.house.gov/evs/2014/roll345.xml 2014-06-24 14:10:28 House amendment not agreed to: On agreeing to the Moore amendment (A005) Failed by recorded vote: 173 - 239 (Roll no. 345).(consideration: CR H5661-5662) Floor 73000 9 Library of Congress 345 House 113 2014-06-24T18:10:28Z 2 https://clerk.house.gov/evs/2014/roll345.xml 2014-06-24 14:10:28 Roll call votes on amendments in House Floor 75000 9 Library of Congress 345 House 113 2014-06-24T18:10:28Z 2 https://clerk.house.gov/evs/2014/roll345.xml 2014-06-24 14:10:28 Amendment failed in Committee of the Whole NotUsed 77000 9 Library of Congress 345 House 113 2014-06-24T18:10:28Z 2 https://clerk.house.gov/evs/2014/roll345.xml 2014-06-24 14:10:28 Roll call votes on amendments in House Floor 75000 9 Library of Congress 345 House 113 2014-06-24T18:10:28Z 2 https://clerk.house.gov/evs/2014/roll345.xml 2014-06-23 20:28:42 House amendment offered/reported by: Amendment (A005) offered by Ms. Moore.(consideration: CR H5632-5634; text: CR H5632-5633) NotUsed 71500 9 Library of Congress 2014-06-23 House amendment offered Floor 71000 9 Library of Congress 950 113 HAMDT An amendment No. 4 printed in House Report 113-476 to prohibit judicial review of any consideration by the CFTC of the costs and benefits of its rules and orders. Amendment sought to prohibit judicial review of any consideration by the CFTC of the costs and benefits of its rules and orders. 2022-02-03T05:49:41Z 2014-06-24 On agreeing to the Waters amendment (A004) Failed by recorded vote: 168 - 242 (Roll no. 344). (consideration: CR H5660-5661) 14:06:57 H5660-5661 https://www.congress.gov/congressional-record/volume-160/house-section/page/H5660-5661 Roll no. 344 https://clerk.house.gov/evs/2014/roll344.xml W000187 Rep. Waters, Maxine [D-CA-43] MAXINE WATERS D CA 43 2014-06-23T04:00:00Z House of Representatives 113 HR House H 4413 Customer Protection and End User Relief Act 2023-01-11T13:26:18Z 10 2014-06-24 14:06:57 On agreeing to the Waters amendment (A004) Failed by recorded vote: 168 - 242 (Roll no. 344). (consideration: CR H5660-5661) Floor H32111 2 House floor actions 344 House 113 2014-06-24T18:06:57Z 2 https://clerk.house.gov/evs/2014/roll344.xml 2014-06-23 20:20:33 Amendment (A004) offered by Ms. Waters. (consideration: CR H5631-5632; text: CR H5631) Floor H3A100 2 House floor actions 2014-06-24 14:06:57 House amendment not agreed to: On agreeing to the Waters amendment (A004) Failed by recorded vote: 168 - 242 (Roll no. 344).(consideration: CR H5660-5661) Floor 73000 9 Library of Congress 344 House 113 2014-06-24T18:06:57Z 2 https://clerk.house.gov/evs/2014/roll344.xml 2014-06-24 14:06:57 Amendment failed in Committee of the Whole NotUsed 77000 9 Library of Congress 344 House 113 2014-06-24T18:06:57Z 2 https://clerk.house.gov/evs/2014/roll344.xml 2014-06-24 14:06:57 Roll call votes on amendments in House Floor 75000 9 Library of Congress 344 House 113 2014-06-24T18:06:57Z 2 https://clerk.house.gov/evs/2014/roll344.xml 2014-06-24 14:06:57 Amendment failed in Committee of the Whole NotUsed 77000 9 Library of Congress 344 House 113 2014-06-24T18:06:57Z 2 https://clerk.house.gov/evs/2014/roll344.xml 2014-06-24 14:06:57 Roll call votes on amendments in House Floor 75000 9 Library of Congress 344 House 113 2014-06-24T18:06:57Z 2 https://clerk.house.gov/evs/2014/roll344.xml 2014-06-23 20:20:33 House amendment offered/reported by: Amendment (A004) offered by Ms. Waters.(consideration: CR H5631-5632; text: CR H5631) NotUsed 71500 9 Library of Congress 2014-06-23 House amendment offered Floor 71000 9 Library of Congress 949 113 HAMDT An amendment No. 3 printed in House Report 113-476 to ensure that the Commission's assessment of costs and benefits regarding rules and orders will be affirmed by a court unless that assessment is found to be an abuse of discretion. Amendment inserts language stating that a court shall affirm the CFTC's assessment of the costs and benefits of a rule and provides an exception in the case of an abuse of discretion by the Commission. 2022-02-03T05:49:41Z 2014-06-23 On agreeing to the DelBene amendment (A003) Agreed to by voice vote. 20:19:10 D000617 Rep. DelBene, Suzan K. [D-WA-1] Suzan DelBene D WA K. 1 2014-06-23T04:00:00Z House of Representatives 113 HR House H 4413 Customer Protection and End User Relief Act 2023-01-11T13:26:18Z 7 2014-06-23 20:19:10 On agreeing to the DelBene amendment (A003) Agreed to by voice vote. Floor H32111 2 House floor actions 2014-06-23 20:15:01 Amendment (A003) offered by Ms. DelBene. (consideration: CR H5631; text: CR H5631) Floor H3A100 2 House floor actions 2014-06-23 20:19:10 House amendment agreed to: On agreeing to the DelBene amendment (A003) Agreed to by voice vote. Floor 72000 9 Library of Congress 2014-06-23 20:19:10 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2014-06-23 20:15:01 House amendment offered/reported by: Amendment (A003) offered by Ms. DelBene.(consideration: CR H5631; text: CR H5631) NotUsed 71500 9 Library of Congress 2014-06-23 House amendment offered Floor 71000 9 Library of Congress 948 113 HAMDT An amendment No. 2 printed in House Report 113-476 to require a study on entities regulated by the Commodities Futures Trading Commission. Amendment sought to require a study on entities regulated by the Commodities Futures Trading Commission. 2022-02-03T05:49:41Z 2014-06-24 On agreeing to the Jackson Lee amendment (A002) Failed by recorded vote: 163 - 249 (Roll no. 343). (consideration: CR H5660) 14:03:05 H5660 https://www.congress.gov/congressional-record/volume-160/house-section/page/H5660 Roll no. 343 https://clerk.house.gov/evs/2014/roll343.xml J000032 Rep. Jackson Lee, Sheila [D-TX-18] SHEILA JACKSON LEE D TX 18 2014-06-23T04:00:00Z House of Representatives 113 HR House H 4413 Customer Protection and End User Relief Act 2023-01-11T13:26:18Z 8 2014-06-24 14:03:05 On agreeing to the Jackson Lee amendment (A002) Failed by recorded vote: 163 - 249 (Roll no. 343). (consideration: CR H5660) Floor H32111 2 House floor actions 343 House 113 2014-06-24T18:03:05Z 2 https://clerk.house.gov/evs/2014/roll343.xml 2014-06-23 20:08:14 Amendment (A002) offered by Ms. Jackson Lee. (consideration: CR H5629-5631; text: CR H5629) Floor H3A100 2 House floor actions 2014-06-24 14:03:05 House amendment not agreed to: On agreeing to the Jackson Lee amendment (A002) Failed by recorded vote: 163 - 249 (Roll no. 343).(consideration: CR H5660) Floor 73000 9 Library of Congress 343 House 113 2014-06-24T18:03:05Z 2 https://clerk.house.gov/evs/2014/roll343.xml 2014-06-24 14:03:05 Roll call votes on amendments in House Floor 75000 9 Library of Congress 343 House 113 2014-06-24T18:03:05Z 2 https://clerk.house.gov/evs/2014/roll343.xml 2014-06-24 14:03:05 Amendment failed in Committee of the Whole NotUsed 77000 9 Library of Congress 343 House 113 2014-06-24T18:03:05Z 2 https://clerk.house.gov/evs/2014/roll343.xml 2014-06-23 20:08:14 House amendment offered/reported by: Amendment (A002) offered by Ms. Jackson Lee.(consideration: CR H5629-5631; text: CR H5629) NotUsed 71500 9 Library of Congress 2014-06-23 House amendment offered Floor 71000 9 Library of Congress 947 113 HAMDT An amendment No. 1 printed in House Report 113-476 to add one requirement to the study on high frequency trading: Whether such trading increases market volatility, including short term market swings such as the "flash crash.". Amendment inserts an additional study to the bill of merit provisions that would examine whether or not high-frequency trading increases market volatility. 2022-02-03T05:49:41Z 2014-06-23 On agreeing to the DeFazio amendment (A001) Agreed to by voice vote. 20:07:47 D000191 Rep. DeFazio, Peter A. [D-OR-4] PETER DEFAZIO D OR A. 4 2014-06-23T04:00:00Z House of Representatives 113 HR House H 4413 Customer Protection and End User Relief Act 2023-01-11T13:26:18Z 7 2014-06-23 20:07:47 On agreeing to the DeFazio amendment (A001) Agreed to by voice vote. Floor H32111 2 House floor actions 2014-06-23 20:05:21 Amendment (A001) offered by Mr. DeFazio. (consideration: CR H5629; text: CR H5629) Floor H3A100 2 House floor actions 2014-06-23 20:05:21 House amendment offered/reported by: Amendment (A001) offered by Mr. DeFazio.(consideration: CR H5629; text: CR H5629) NotUsed 71500 9 Library of Congress 2014-06-23 20:07:47 Amendment agreed to Committee of the Whole NotUsed 76000 9 Library of Congress 2014-06-23 20:07:47 House amendment agreed to: On agreeing to the DeFazio amendment (A001) Agreed to by voice vote. Floor 72000 9 Library of Congress 2014-06-23 House amendment offered Floor 71000 9 Library of Congress Referred in Senate 2014-06-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4413rfs/xml/BILLS-113hr4413rfs.xml Engrossed in House 2014-06-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4413eh/xml/BILLS-113hr4413eh.xml Reported in House 2014-06-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4413rh/xml/BILLS-113hr4413rh.xml Introduced in House 2014-04-07T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4413ih/xml/BILLS-113hr4413ih.xml 2014-06-25 Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. 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. 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