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<BillSummaries>
<item congress="113" measure-type="s" measure-number="2601" measure-id="id113s2601" originChamber="SENATE" orig-publish-date="2014-07-15" update-date="2014-09-29">
<title>Risk Hedging Protection Act of 2014</title>
<summary summary-id="id113s2601v00" currentChamber="SENATE" update-date="2014-09-29">
<action-date>2014-07-15</action-date>
<action-desc>Introduced in Senate</action-desc>
<summary-text><![CDATA[<p>Risk Hedging Protection Act of 2014 - Amends the Commodity Exchange Act, with respect to futures commission merchants registration requirements and duties, to require that any rules or regulations requiring a futures commission merchant to maintain a residual interest in accounts held for the benefit of customers in amounts at least sufficient to exceed the sum of all their customers' uncollected margin deficits must also provide that such a merchant meets the residual interest requirement as of the end of each business day calculated as of the close of business on the previous business day.</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>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.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries 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.</dc:description>
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