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114-hr-1847114th Congress

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2015

Sponsored By: Representative Crawford, Eric A. "Rick" [R-AR-1]

Unknown

Summary

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2015 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 for expenses arising from litigation relating to information so provided.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Crawford, Eric A. "Rick" [R-AR-1]

AR • R

Cosponsors

  • Rep. Maloney, Sean Patrick [D-NY-18]

    NY • D

    Sponsored 4/16/2015

  • Rep. Huizenga, Bill [R-MI-4]

    MI • R

    Sponsored 4/16/2015

  • Rep. Moore, Gwen [D-WI-4]

    WI • D

    Sponsored 4/16/2015

Roll Call Votes

No roll call votes available for this bill.

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