H.R.317: Keep Repos to Maturity on Balance Sheet Act of 2017

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Bill Summary

Keep Repos to Maturity on Balance Sheet Act of 2017 This bill requires the Securities and Exchange Commission, in establishing accounting principles or standards for purposes of the securities laws, to require that a repurchase-to-maturity transaction be treated as a secured borrowing in which the transferred asset serves as collateral. A "repurchase-to-maturity transaction" is one in which: (1) a financial asset is transferred in exchange for...

(Source: Library of Congress)

Bill Actions

Date Description
Jan. 5, 2017
Referred to the House Committee on Financial Services.
Jan. 5, 2017

Introduced in the House by Michael E. Capuano (D-Mass.)

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