Amends the Commodity Exchange Act and the Securities Exchange Act of 1934 to revise the treatment of affiliate transactions that may be exempt from clearing requirements to authorize such an exemption only if the affiliate enters into the swap to hedge or mitigate the commercial risk of the person that is not a financial entity (as under current law), provided that an appropriate credit support measure or other mechanism must be used if the hedge or mitigation of commercial risk is addressed by entering into a swap with either: (1) a swap dealer or major swap participant, or (2) a security-based swap with a security- based swap dealer or major security-based swap participant.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2014-12-10 | IntroReferral | Referred to the Committee on Agriculture, Nutrition, and Forestry. | Senate |
| 2014-12-10 | Discharge | Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. | Senate |
| 2014-12-03 | IntroReferral | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
| 2014-12-02 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
| 2014-12-02 | Floor | On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8240) | House floor actions |
| 2014-12-02 | Floor | DEBATE - The House proceeded with forty minutes of debate on H.R. 5471. | House floor actions |
| 2014-12-02 | Floor | Considered under suspension of the rules. (consideration: CR H8240-8244) | House floor actions |
| 2014-12-02 | Floor | Mr. Luetkemeyer moved to suspend the rules and pass the bill. | House floor actions |
| 2014-09-22 | Committee | Referred to the Subcommittee on General Farm Commodities and Risk Management. | House committee actions |
| 2014-09-15 | IntroReferral | Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | House floor actions |
| 2014-09-15 | IntroReferral | Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. | House floor actions |
| 2014-09-15 | IntroReferral | Introduced in House | Library of Congress |