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HR 594 115th Congress House Finance and Financial Sector Banking and financial institutions regulation Commodities markets Commodity Futures Trading Commission Executive agency funding and structure Financial services and investments Securities Securities and Exchange Commission (SEC) User charges and fees

Markets and Trading Reorganization Act

Introduced: January 20, 2017 See on congress.gov
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 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 13, 2017
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Jan 20, 2017
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
Jan 20, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Markets and Trading Reorganization Act

This bill establishes the Securities and Derivatives Commission as an independent regulatory body and transfers to the commission all functions, officers, and components of the Commodity Futures Trading Commission and the Securities and Exchange Commission.

The new commission shall establish the following principal divisions: (1) a Markets and Trading Division that has oversight of market conduct and utilities, the conduct of market professionals, and self-regulatory organizations with regard to such market professionals; (2) an Issuers and Financial Disclosures Division that has oversight of the issuance of securities; and (3) an Enforcement Division that enforces commission rules.

    What's happening now February 13, 2017

    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

     Committees of jurisdiction 3
     Cosponsors 1
    All 1 Democratic 1