A bill to require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives.
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vs 3,805 other S bills in the 115th — cohort avg 41d
This bill amends the Federal Deposit Insurance Act, the Bank Holding Company Act of 1956, and the Home Owners' Loan Act to exclude initial client margin funds (i.e., funds lent to a client by a broker to facilitate a derivatives contract) from leverage-exposure calculations for purposes of determining whether an insured depository institution, a bank holding company, or a savings and loan holding company is in compliance with federal leverage-based capital standards.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (3)
2018 · fourth_quarter · Financial Institutions/Investments/Securities
Legislative oversight of implementation of Titles I, II, IV, VII, and IX of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Legislative oversight of implementation of the Jumpstart Our Business Startups Act of 2012. Regulation and oversight of investment advisers. Financial services regulatory reform in non-U.S. jurisdictions. Equity market structure issues including electronic trading and algorithmic trading. Capital formation legislation. Self Regulatory Organization (SRO) governance. Hart-Scott-Rodino modernization. H.R. 10 - To create hope and opportunity for investors, consumers, and entrepreneurs by ending bailouts and Too Big to Fail, holding Washington and Wall Street accountable, eliminating red tape to increase access to capital and credit, and repealing the provisions of the Dodd-Frank Act that make America less prosperous, less stable, and less free, and for other purposes. (Protection for sensitive and proprietary data.) H.R. 3948 - To prohibit the Securities and Exchange Commission from compelling a person to produce or furnish algorithmic trading source code or similar intellectual property to the Commission unless the Commission first issues a subpoena, and for other purposes. H.R. 4659 - To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives. S. 3682 - To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives. S. 2155 - To promote economic growth, provide tailored regulatory relief, and enhance consumer protections, and for other purposes. S. 1744 - To require the Securities and Exchange Commission to amend certain regulations, and for other purposes. (Provisions concerning short sale disclosure.) S. 3733 - To prohibit the Securities and Exchange Commission from compelling a person to produce or furnish algorithmic trading source code or similar intellectual property to the Commission unless the Commission first issues a subpoena, and for other purposes.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
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Sources: Congress.gov
Client expense: $630,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2018 · fourth_quarter · Financial Institutions/Investments/Securities
Issues related to Basel III leverage ratio and derivatives regulations. H.R.4659/S.3682, To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives.
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2018 · fourth_quarter · Financial Institutions/Investments/Securities
Issues related to regulatory reform and derivative markets; H.R.4659/S.3682, To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives.
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2018 · fourth_quarter · Financial Institutions/Investments/Securities
1. Wall Street Reform and Consumer Protection Act (Dodd-Frank, PL 111-203) a. Title II: Issues related orderly liquidation authority b. Title VIII Payment Clearing and Settlement Supervision: Issues related to the regulation of systemically important financial market utilities 2. Issues related to clearinghouse resolution and recovery 3. Financial CHOICE Act (HR 10) a. All provisions 4. Restoring Financial Market Freedom Act of 2017 (HR 4247) a. All provisions 5. To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives (HR 4659/S 3682) a. All provisions 7. Issues related to EU CCP equivalence legislation 8. Options Markets Stability Act (HR 5749/S 3283) a. All provisions
Client expense: $400,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE