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- S.3691
S.3691: Financial Regulation Reform Act of 2008
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about law
- Introduced Nov. 19, 2008
- Latest Major Action Nov. 19, 2008
Bill Sponsor
Bill Summary
Financial Regulation Reform Act of 2008 - Amends the Commodity Exchange Act to: (1) subject credit-default swap trading clearinghouses to regulation by the Commodity Futures Trading Commission (CFTC); and (2) direct the CFTC to set reporting and recordkeeping requirements for positions involving credit-default swaps. Grants the Federal Reserve Board authority over investment-bank holding companies. Directs the Securities and Exchange...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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Sponsor introductory remarks on measure.
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| Nov. 19, 2008 |
Introduced in the Senate by Susan Collins (R-Maine) |