To amend the Commodity Exchange Act to exempt certain small entities dealing in foreign exchange that serve small- and medium-sized businesses from certain capital and margin requirements, and for other purposes.

Fact Sheet API

Bill Number

HR 6162

Introduced

Jun 20, 2018

Latest Action

Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

Sponsor

Cosponsors

Topics

Currency Finance and Financial Sector International monetary system and foreign exchange

Full Text

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Votes

Summary

This bill amends the Commodity Exchange Act to exempt certain money transmitters from specified capital and margin requirements that otherwise apply to counterparty swaps.

Actions

Jul 19, 2018

Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Jun 20, 2018

Referred to the House Committee on Agriculture.
Jun 20, 2018

Introduced in House

Amendments

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