HR 742 · 113th Congress · Finance and Financial Sector

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013

Introduced 2013-02-15· Sponsored by Rep. Crawford, Eric A. "Rick" [R-AR-1]· House

Bill Progress

1
Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.(2013-06-13)

Recorded Votes

PassedHouse · 2013-06-12
Roll #216
Yea 420Nay 2
Democrats
191 Yea·2 Nay
Republicans
229 Yea·0 Nay
PassedHouse · 2013-06-12
Roll #216
Yea 420Nay 2
Democrats
191 Yea·2 Nay
Republicans
229 Yea·0 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013 - 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

Cosponsors (13)

10 Democrats3 Republicans