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- S.557
S.557: Derivatives Limitations Act of 1995
About This Bill
- This bill was introduced in the 104th Congress
- This bill is primarily about law
- Introduced March 15, 1995
- Latest Major Action March 15, 1995
Bill Sponsor
Bill Summary
Derivatives Limitations Act of 1995 - Amends the Federal Deposit Insurance Act to prohibit an insured depository institution (and any affiliate) from engaging in any transaction involving a derivative financial instrument either for its own account, or that of an affiliate. Permits exceptions for: (1) hedging transactions; (2) a separately capitalized affiliate (not itself an insured depository insitution) of an insured depository institution;...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Banking.
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| March 15, 1995 |
Introduced in the Senate by Byron L. Dorgan (D-N.D.) |