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- S.3480
S.3480: A bill to provide end user exemptions from certain provisions of the Commodity Exchange Act and the Securities Exchange Act of 1934.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced Aug. 1, 2012
- Latest Major Action Aug. 1, 2012
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
6 (4 Democrats, 2 Republicans)
Bill Summary
Amends the Commodity Exchange Act (CEA) to exempt, from the rules of prudential regulators for swap dealers and major swap participants with respect to initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization, those swaps in which one of the counterparties: (1) is eligible for an exception from clearing requirements for certain significant price discovery agreements, contracts, or...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
|
| Aug. 1, 2012 |
Introduced in the Senate by Mike Johanns (R-Neb.) |