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HR 4235 112th Congress House Finance and Financial Sector Banking and financial institutions regulation Business records Commodities markets Commodity Futures Trading Commission Contracts and agency Executive agency funding and structure Government information and archives Securities Securities and Exchange Commission (SEC) Trade secrets and economic espionage

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2012

Introduced: March 21, 2012 See on congress.gov
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 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 9, 2012
Reported (Amended) by the Committee on Financial Services. H. Rept. 112-471, Part I.
Mar 27, 2012
Ordered to be Reported (Amended) by Voice Vote.
Mar 27, 2012
Committee Consideration and Mark-up Session Held.
Mar 21, 2012
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Mar 21, 2012
Referred to the Committee on Agriculture, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 21, 2012
Introduced in House
 Plain-English summary Congressional Research Service

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2012 - 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.

 

What's happening now May 9, 2012

Reported (Amended) by the Committee on Financial Services. H. Rept. 112-471, Part I.

 Committees of jurisdiction 3
 Cosponsors 13
All 13 Democratic 8 Republican 5