Bill > HR4330

This bill, titled the Business Risk Planning Act, aims to amend the Commodity Exchange Act to prevent certain businesses that use complex financial contracts called "swaps" to manage their business risks from being disadvantaged. Specifically, it addresses "illiquid swaps," which are defined as trades in markets with low volume and infrequent activity. The bill proposes that the Commodity Futures Trading Commission (CFTC), the regulatory body for these markets, must establish rules for publicly reporting details of these illiquid swap transactions, including price and volume, when they are not cleared and are used by non-financial companies to hedge or reduce commercial risk. However, this public reporting will be delayed for at least 30 days after the trade, or longer if the CFTC deems it necessary to protect the identities of those involved and prevent harm to market liquidity.