To amend the Securities Exchange Act of 1934 and the Commodity Exchange Act to repeal the indemnification requirements for regulatory authorities to obtain access to swap data required to be provided by swaps entities under such Acts.
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013 - 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 (SEC) for expenses arising from litigation relating to information so provided.
Committee Hearings Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by Voice Vote.
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 52 - 0.
Reported by the Committee on Agriculture. H. Rept. 113-106, Part I.
Reported by the Committee on Agriculture. H. Rept. 113-106, Part I.
Reported by the Committee on Financial Services. H. Rept. 113-106, Part II.
Reported by the Committee on Financial Services. H. Rept. 113-106, Part II.
Placed on the Union Calendar, Calendar No. 75.
Mr. Crawford moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H3304-3307)
DEBATE - The House proceeded with forty minutes of debate on H.R. 742.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business. (consideration: CR H3317)
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 420 - 2 (Roll no. 216).(text: CR H3304-3305)
Roll Call #216 (House)On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 420 - 2 (Roll no. 216). (text: CR H3304-3305)
Roll Call #216 (House)Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
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