HR 4235 · 112th Congress · Finance and Financial Sector
Swap Data Repository and Clearinghouse Indemnification Correction Act of 2012
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Reported (Amended) by the Committee on Financial Services. H. Rept. 112-471, Part I.(2012-05-09)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 4235, SWAP Data Repository and Clearinghouse Indemnification Correction Act of 2012
Apr 30, 2012As ordered reported by the House Committee on Financial Services on March 27, 2012
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (20)
8 Democrats12 Republicans