H.R.5592: Derivatives Oversight and Taxpayer Protection Act

About This Bill

  • Introduced June 28, 2016
  • Latest Major Action July 14, 2016

Bill Summary

Derivatives Oversight and Taxpayer Protection Act This bill amends the Commodity Exchange Act (CEA) to require the Commodity Futures Trading Commission (CFTC) to collect fees to recover the costs of its regulatory services and its annual appropriation from Congress. The bill increases penalties for CEA violations, removes the Department of the Treasury's authority to exempt foreign exchange swaps or forwards from CFTC regulation, and requires...

(Source: Library of Congress)

Bill Actions

Date Description
July 14, 2016
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
June 28, 2016
Referred to House Judiciary
June 28, 2016
Referred to House Financial Services
June 28, 2016
Referred to House Agriculture
June 28, 2016

Introduced in the House by Elijah E. Cummings (D-Md.)

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