US Congress House Bill 594 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 20 2017 - 25% progression, died in committee
Action: 2017-02-13 - Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Pending: House Commodity Exchanges, Energy, and Credit Committee
Text: Latest bill text (Introduced) [PDF]

Markets and Trading Reorganization Act This bill establishes the Securities and Derivatives Commission as an independent regulatory body and transfers to the commission all functions, officers, and components of the Commodity Futures Trading Commission and the Securities and Exchange Commission. The new commission shall establish the following principal divisions: (1) a Markets and Trading Division that has oversight of market conduct and utilities, the conduct of market professionals, and self-regulatory organizations with regard to such market professionals; (2) an Issuers and Financial Disclosures Division that has oversight of the issuance of securities; and (3) an Enforcement Division that enforces commission rules.

Markets and Trading Reorganization Act

Rep. Michael Capuano [D-MA]

Rep. Stephen Lynch [D-MA]

Date	Chamber	Action
2017-02-13	House	Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
2017-01-20	House	Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
2017-01-20	House	Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
2017-01-20	House	Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
2017-01-20	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/594/all-info
Text	https://www.congress.gov/115/bills/hr594/BILLS-115hr594ih.pdf