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- S.1560
S.1560: A bill to amend the Commodity Exchange Act to provide end-users with a reasonable amount of time to meet their margin requirements and to repeal certain indemnification requirements for regulatory authorities to obtain access to swap data required to be p
About This Bill
- Introduced June 11, 2015
- Latest Major Action June 11, 2015
Bill Sponsor
Bill Cosponsor
Bill Summary
This bill amends the Commodity Exchange Act to declare that any rules or regulations requiring a futures commission merchant (FCM) to maintain a residual interest in accounts held for the benefit of customers in amounts at least sufficient to exceed the sum of all the customers' uncollected margin deficits shall require an FCM to meet its residual interest requirement as of the end of each business day calculated as of the close of business on...
(Source: Library of Congress)
Bill Actions
Date | Description |
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June 11, 2015 |
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
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June 11, 2015 |
Introduced in the Senate by Pat Roberts (R-Kan.) |