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- S.2976
S.2976: Derivatives End-Users Clarification Act
About This Bill
- This bill was introduced in the 113th Congress
- This bill is primarily about finance and financial sector
- Introduced Dec. 4, 2014
- Latest Major Action Dec. 4, 2014
Bill Sponsor
Bill Cosponsor
Bill Summary
Derivatives End-Users Clarification Act - Amends the Commodity Exchange Act and the Securities Exchange Act of 1934 to revise the treatment of affiliate transactions that may be exempt from clearing requirements to authorize such an exemption only if the affiliate enters into the swap to hedge or mitigate the commercial risk of the person that is not a financial entity (as under current law), on the condition that an appropriate credit support...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
Dec. 4, 2014 |
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
|
Dec. 4, 2014 |
Introduced in the Senate by Susan Collins (R-Maine) |