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US S947
US S947A bill to provide end user exemptions from certain provisions of the Commodity Exchange Act and the Securities Exchange Act of 1934, and for other purposes.
summary
Introduced
In Committee
Crossed Over
Passed
Dead
Introduced Session
112th Congress
Bill Summary
Amends the Commodity Exchange Act and the Securities Exchange Act of 1934 to exempt from specified margin requirements: (1) swaps in which one of the counterparties is neither a swap dealer nor a major swap participant, (2) certain investment funds, (3) specified regulated entities, and (4) a commodity pool. Exempts from such margin requirements, also, any swaps or security-based swaps entered into before the date on which final rules are required to be promulgated or published under the Dodd-Frank Wall Street Reform and Consumer Protection Act or the Wall Street Transparency and Accountability Act of 2010, respectively.
Committee Categories
Housing and Urban Affairs
Sponsors (9)
Saxby Chambliss (R),
Thad Cochran (R),
Bob Corker (R),
Mike Crapo (R),
John Hoeven (R),
Mike Johanns (R),
Jerry Moran (R),
Pat Toomey (R),
Roger Wicker (R),
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 05/11/2011)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/112th-congress/senate-bill/947/all-info |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-112s947is/pdf/BILLS-112s947is.pdf |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-112s947is/pdf/BILLS-112s947is.pdf.pdf |
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