3.0.0 3682 2023-01-11T13:40:54Z 2023-01-11T13:40:54Z Senate S 2018-11-29 115 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2018-11-29T17:12:52Z To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives. 115 4659 HR 2018-08-03 Placed on the Union Calendar, Calendar No. 680. Identical bill CRS 2018-11-29 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2018-11-29 Introduced in Senate IntroReferral 10000 9 Library of Congress P000612 Sen. Perdue, David [R-GA] David Perdue R GA Alfred N Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Finance and Financial Sector 00 2018-11-29 Introduced in Senate 2018-12-11T17:03:02Z This bill amends the Federal Deposit Insurance Act, the Bank Holding Company Act of 1956, and the Home Owners' Loan Act to exclude initial client margin funds (i.e., funds lent to a client by a broker to facilitate a derivatives contract) from leverage-exposure calculations for purposes of determining whether an insured depository institution, a bank holding company, or a savings and loan holding company is in compliance with federal leverage-based capital standards.

]]> A bill to require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives. Display Title A bill to require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives. Official Title as Introduced A bill to require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives. Introduced in Senate IS Introduced in Senate 2018-11-29T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s3682is/xml/BILLS-115s3682is.xml 2018-11-29 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.