H.R. 4235 · 112th Congress
Swap Data Repository and Clearinghouse Indemnification Correction Act of 2012
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
40 cosponsors · 18 D, 22 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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…
What it does: CRS summary · Reported to House amended, Part I · May 9, 2012
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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Swap Data Repository and Clearinghouse Indemnification Correction Act of 2012
Latest action (May 9, 2012): Reported (Amended) by the Committee on Financial Services. H. Rept. 112-471, Part I.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 21, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.