3.0.0 4787 2023-01-11T13:26:25Z 2023-01-11T13:26:25Z House H HR 2014-05-30 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. DUFFY:H.R. 4787.Congress has the power to enact this legislation pursuantto the following:Article IV, Section III, Clause II``The Congress shall have Power to dispose of and make allneedful Rules and Regulations respecting the Territory orother Property belonging to the United States; and nothing inthis Constitution shall be so construed as to Prejudice anyClaims of the United States, or of any particular State.''[Page H5064]]]> hsba00 Financial Services Committee House Standing Referred to 2014-05-30T13:02:35Z 2014-05-30 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2014-05-30 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-05-30 Introduced in House IntroReferral 1000 9 Library of Congress D000614 Rep. Duffy, Sean P. [R-WI-7] Sean Duffy R WI P. 7 N Finance and Financial Sector Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Business records Commodity Futures Trading Commission Corporate finance and management Department of the Treasury Federal Deposit Insurance Corporation (FDIC) Federal Reserve System Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2014-05-30 Introduced in House 2014-07-23T21:42:14Z Regional Financial Relief Act of 2014 - Amends the Bank Holding Company Act of 1956 regarding prohibitions on proprietary trading by banking entities and certain relationships with hedge funds and private equity funds.

Directs the appropriate federal banking agencies, the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) to promulgate, for banking entities with less than $50 billion in trading assets and liabilities, regulations regarding internal controls and recordkeeping whose requirements are less burdensome than those governing banking entities with $50 billion or more in trading assets and liabilities.

]]> Regional Financial Relief Act of 2014 Display Title Regional Financial Relief Act of 2014 Official Title as Introduced To amend the Bank Holding Company Act of 1956 to reduce compliance burdens on certain banking entities. Introduced in House IH Short Titles as Introduced Regional Financial Relief Act of 2014 Introduced in House 2014-05-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4787ih/xml/BILLS-113hr4787ih.xml 2014-05-30 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.