3.0.0 2114 2023-01-11T13:26:45Z 2023-01-11T13:26:45Z Senate S S 2014-03-12 113 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2014-03-12T16:50:55Z 2014-03-12 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2014-03-12 Introduced in Senate IntroReferral 10000 9 Library of Congress W000805 Sen. Warner, Mark R. [D-VA] Mark Warner D VA R. N C000560 Sen. Coburn, Tom [R-OK] TOM COBURN R OK 2014-03-12 True Finance and Financial Sector Corporate finance and management Securities State and local finance Finance and Financial Sector 00 2014-03-12 Introduced in Senate 2014-04-28T21:20:22Z Bond Transparency Act of 2014 - Amends the Securities Exchange Act of 1934 to define a "riskless principal transaction" as any transaction the Securities and Exchange Commission (SEC) identifies as one, but primarily one in which a broker, dealer, or municipal securities dealer acts on a customer order to buy or sell either municipal securities or corporate debt securities while also acting as principal for its own account in order to complete the transaction.

Requires a broker or dealer, at or before completion of the transaction, to make a markup disclosure in writing to the customer of the difference between either: (1) the customer's purchase price and the broker or dealer's purchase price; or (2) the customer's sale price and the broker or dealer's sale price.

Subjects riskless principal transactions in corporate debt securities to the same markup disclosure requirements as those for riskless principal transactions in municipal securities.

]]> Bond Transparency Act of 2014 Display Title Bond Transparency Act of 2014 Official Title as Introduced A bill to amend the Securities Exchange Act of 1934 with respect to disclosures to investors in municipal and corporate debt securities, and for other purposes. Introduced in Senate IS Short Titles as Introduced Bond Transparency Act of 2014 Introduced in Senate 2014-03-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s2114is/xml/BILLS-113s2114is.xml 2014-03-12 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.