3.0.0 1560 2023-01-11T13:30:42Z 2023-01-11T13:30:42Z Senate S 2015-06-11 114 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Standing Referred to 2015-06-11T19:59:20Z Promoting Job Creation and Reducing Small Business Burdens Act 114 37 HR 2015-01-16 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Swap Data Repository and Clearinghouse Indemnification Correction Act of 2015 114 1847 HR 2015-07-15 Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. Related bill CRS Commodity End-User Relief Act 114 2289 HR 2015-06-10 Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. Related bill CRS Financial Regulatory Improvement Act of 2015 114 1484 S 2015-07-23 Committee on Banking, Housing, and Urban Affairs. Hearings held. Related bill CRS 2015-06-11 ssaf00 Agriculture, Nutrition, and Forestry Committee Senate Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. IntroReferral 2015-06-11 Introduced in Senate IntroReferral 10000 9 Library of Congress R000307 Sen. Roberts, Pat [R-KS] PAT ROBERTS R KS N H001069 Sen. Heitkamp, Heidi [D-ND] Heidi Heitkamp D ND 2015-06-11 True Finance and Financial Sector Administrative law and regulatory procedures Commodities markets Commodity Futures Trading Commission Securities Finance and Financial Sector 00 2015-06-11 Introduced in Senate 2015-11-17T19:46:49Z This bill amends the Commodity Exchange Act to declare that any rules or regulations requiring a futures commission merchant (FCM) to maintain a residual interest in accounts held for the benefit of customers in amounts at least sufficient to exceed the sum of all the customers' uncollected margin deficits shall require an FCM to meet its residual interest requirement as of the end of each business day calculated as of the close of business on the previous business day.

The bill repeals the prerequisite to sharing by Commodity Futures Trading Commission (CFTC) with a specified entity of information on swaps cleared by derivatives clearing organizations that the entity agree to indemnify the CFTC for any expenses arising from litigation relating to that information.

The bill also:

  • repeals a similar prerequisite for information-sharing by a swap data repository, and
  • makes a similar and conforming amendment to the Securities Exchange Act of 1934 with respect to a securities-based swap data repository.

States that this Act takes effect as if enacted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act on July 21, 2010.

]]> A bill to amend the Commodity Exchange Act to provide end-users with a reasonable amount of time to meet their margin requirements and to repeal certain indemnification requirements for regulatory authorities to obtain access to swap data required to be provided by swaps entities. Display Title A bill to amend the Commodity Exchange Act to provide end-users with a reasonable amount of time to meet their margin requirements and to repeal certain indemnification requirements for regulatory authorities to obtain access to swap data required to be provided by swaps entities. Official Title as Introduced A bill to amend the Commodity Exchange Act to provide end-users with a reasonable amount of time to meet their margin requirements and to repeal certain indemnification requirements for regulatory authorities to obtain access to swap data required to be provided by swaps entities. Introduced in Senate IS Introduced in Senate 2015-06-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1560is/xml/BILLS-114s1560is.xml 2015-06-11 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. 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.