S. 2601 · 113th Congress
Risk Hedging Protection Act of 2014
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
RobertsSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Risk Hedging Protection Act of 2014 - Amends the Commodity Exchange Act, with respect to futures commission merchants registration requirements and duties, to require that any rules or regulations requiring a futures commission merchant to maintain a residual interest in accounts held for the benefit of customers in amounts at least sufficient to exceed the…
What it does: CRS summary · Introduced in Senate · Jul 15, 2014
Risk Hedging Protection Act of 2014 - Amends the Commodity Exchange Act, with respect to futures commission merchants registration requirements and duties, to require that any rules or regulations requiring a futures commission merchant to maintain a residual interest in accounts held for the benefit of customers in amounts at least sufficient to exceed the sum of all their customers' uncollected margin deficits must also provide that such a merchant meets the residual interest requirement as of the end of each business day calculated as of the close of business on the previous business day.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Risk Hedging Protection Act of 2014
Latest action (Jul 15, 2014): Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Jul 15, 2014
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.