A bill 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

S 2428

Introduced

Feb 14, 2018

Latest Action

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

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

Feb 14, 2018

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Feb 14, 2018

Introduced in Senate

Amendments

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