S.876: A bill to amend the Commodity Exchange Act to specify how clearing requirements apply to certain affiliate transactions.

About This Bill

  • Introduced March 26, 2015
  • Latest Major Action March 26, 2015

Bill Sponsor

Bill Cosponsors

2 (All Republicans)

Bill Summary

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), provided that an appropriate credit support measure or other mechanism must be used if the...

(Source: Library of Congress)

Bill Actions

Date Description
March 26, 2015
Referred to the Committee on Agriculture, Nutrition, and Forestry.
March 26, 2015

Introduced in the Senate by Pat Roberts (R-Kan.)

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