HR 1847 · 114th Congress · Finance and Financial Sector
Swap Data Repository and Clearinghouse Indemnification Correction Act of 2015
Bill Progress
✓
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.(2015-07-15)
Plain Language Summary
[AI summary unavailable — showing source text]
Swap Data Repository and Clearinghouse Indemnification Correction Act of 2015 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 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. 1847, Swap Data Repository and Clearinghouse Indemnification Correction Act of 2015
Jun 18, 2015As ordered reported by the House Committee on Financial Services on May 20, 2015
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (3)
2 Democrats1 Republican