US HB4235 | 2011-2012 | 112th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on March 21 2012 - 25% progression, died in chamber
Action: 2012-05-09 - Reported (Amended) by the Committee on Financial Services. H. Rept. 112-471, Part I.
Text: Latest bill text (Introduced) [PDF]

Summary

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2012 - Amends the Commodity Exchange Act, with respect to derivatives clearing organizations and swap data repositories, to repeal the prerequisite that, before the Commodity Futures Trading Commission (CFTC) may share information with specified regulatory agencies, such agencies must agree to indemnify the CFTC for expenses arising from litigation relating to information so provided. Amends the Securities Exchange Act of 1934 to repeal similarly the prerequisite that, before a security-based swap data repository may share information with specified regulatory entities, such entities must agree to indemnify both such repository and the Securities and Exchange Commission (SEC) for expenses arising from litigation relating to information so provided.

Tracking Information

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Title

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2012

Sponsors


History

DateChamberAction
2012-05-09HouseReported (Amended) by the Committee on Financial Services. H. Rept. 112-471, Part I.
2012-03-27HouseOrdered to be Reported (Amended) by Voice Vote.
2012-03-27HouseCommittee Consideration and Mark-up Session Held.
2012-03-21HouseHearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
2012-03-21HouseReferred to House Financial Services
2012-03-21HouseReferred to House Agriculture
2012-03-21HouseReferred to the Committee on Agriculture, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Subjects


US Congress State Sources


Bill Comments

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