S 2428 · 115th Congress · Finance and Financial Sector

A bill to amend the Commodity Exchange Act to exempt certain small entities dealing in foreign exchange that serve small- and medium-sized businesses from certain capital and margin requirements, and for other purposes.

Introduced 2018-02-14· Sponsored by Sen. Hatch, Orrin G. [R-UT]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.(2018-02-14)

Plain Language Summary

[AI summary unavailable — showing source text] This bill amends the Commodity Exchange Act to exempt certain money transmitters from specified capital and margin requirements that otherwise apply to counterparty swaps.…

Summarized by Claude AI · Non-partisan · For informational purposes only