H.R. 6613 · 112th Congress
Markets and Trading Reorganization Act
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
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.
D
FrankSponsor3 cosponsors · 3 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Markets and Trading Reorganization Act - Establishes the Securities and Derivatives Commission as an independent regulatory commission.
What it does: CRS summary · Introduced in House · Nov 29, 2012
Markets and Trading Reorganization Act - Establishes the Securities and Derivatives Commission as an independent regulatory commission.
Directs such Commission to establish three principal divisions: (1) a Markets and Trading Division with oversight of market conduct and utilities, the conduct of market professionals, and self-regulatory organizations with regard to such market professionals, including related examination functions; (2) an Issuers and Financial Disclosures Division with oversight of the issuance of securities, including investment companies and related rules and examinations; and (3) an Enforcement Division responsible for the enforcement of all Commission rules.
Transfers to the Commission all functions and personnel of: (1) the Commodity Futures Trading Commission (CFTC), and (2) the Securities and Exchange Commission (SEC).
Grants the Commission fee and funding authority.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Markets and Trading Reorganization Act
Latest action (Dec 20, 2012): Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Nov 29, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.