[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4247 Introduced in House (IH)]

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116th CONGRESS
  1st Session
                                H. R. 4247

   To amend the Commodity Exchange Act to eliminate the double-sided 
          confirmation requirement for swap data repositories.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 9, 2019

   Mr. Harder of California introduced the following bill; which was 
                referred to the Committee on Agriculture

_______________________________________________________________________

                                 A BILL


 
   To amend the Commodity Exchange Act to eliminate the double-sided 
          confirmation requirement for swap data repositories.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Financial Watchdog Support Act''.

SEC. 2. ELIMINATION OF THE DOUBLE-SIDED CONFIRMATION REQUIREMENT FOR 
              SWAP DATA REPOSITORIES.

    (a) In General.--Section 21(c) of the Commodity Exchange Act (7 
U.S.C. 24a(c)) is amended by striking paragraph (2) and redesignating 
paragraphs (3) through (8) as paragraphs (2) through (7), respectively.
    (b) Conforming Amendment.--Section 21(d) of such Act (7 U.S.C. 
24a(d)) is amended by striking ``(c)(7)'' and inserting ``(c)(6)''.
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