HR 547 · 103th Congress · Finance and Financial Sector
To require the Secretary of the Treasury to revise certain regulations relating to holds-in-custody repurchase transactions in government securities.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Telecommunications and Finance.(1993-02-16)
Plain Language Summary
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Directs the Secretary of the Treasury to revise certain regulations regarding daily written confirmations of securities repurchase agreements to permit the counterparty to such an agreement to waive the right to daily confirmations if it has received adequate disclosures regarding the benefits of receiving them.…
Summarized by Claude AI · Non-partisan · For informational purposes only