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- H.R.3145
H.R.3145: Credit Default Swap Prohibition Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced July 9, 2009
- Latest Major Action July 9, 2009
Bill Sponsor
Bill Summary
Credit Default Swap Prohibition Act of 2009 - Amends the Securities Act of 1933 and the Securities Exchange Act of 1934 to grant the Securities and Exchange Commission (SEC) regulatory jurisdiction over any security-based swap agreement, including authority to issue, interpert, and enforce rules and orders in a manner that imposes prophylactic measures against fraud, manipulation, or insider trading. Defines credit default swap as: (1) a swap...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| July 9, 2009 |
Introduced in the House by Maxine Waters (D-Calif.) |