HR 1847 RFS
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Swap Data Repository 
and Clearinghouse Indemnification Correction Act of 
2015’’. 
SEC. 2. REPEAL OF INDEMNIFICATION REQUIREMENTS. 
(a) DERIVATIVES CLEARING ORGANIZATIONS.—Sec-
tion 5b(k)(5) of the Commodity Exchange Act (7 U.S.C. 
7a–1(k)(5)) is amended to read as follows: 
‘‘(5) CONFIDENTIALITY
AGREEMENT.—Before 
the Commission may share information with any en-
tity described in paragraph (4), the Commission 
shall receive a written agreement from each entity 
stating that the entity shall abide by the confiden-
tiality requirements described in section 8 relating to 
the information on swap transactions that is pro-
vided.’’. 
(b) SWAP DATA REPOSITORIES.—Section 21 of such 
Act (7 U.S.C. 24a) is amended— 
(1) in subsection (c)(7)— 
(A) in the matter preceding subparagraph 
(A), by striking ‘‘all’’ and inserting ‘‘swap’’; 
and 
(B) in subparagraph (E)— 
(i) in clause (ii), by striking ‘‘and’’ at 
the end; and 
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(ii) by adding at the end the fol-
lowing: 
‘‘(iv) other foreign authorities; and’’; 
and 
(2) by striking subsection (d) and inserting the 
following: 
‘‘(d) CONFIDENTIALITY AGREEMENT.—Before the 
swap data repository may share information with any enti-
ty described in subsection (c)(7), the swap data repository 
shall receive a written agreement from each entity stating 
that the entity shall abide by the confidentiality require-
ments described in section 8 relating to the information 
on swap transactions that is provided.’’. 
(c) SECURITY-BASED SWAP DATA REPOSITORIES.— 
Section 13(n)(5) of the Securities Exchange Act of 1934 
25 (15 U.S.C. 78m(n)(5)) is amended— 
(1) in subparagraph (G)— 
(A) in the matter preceding clause (i), by 
striking ‘‘all’’ and inserting ‘‘security-based 
swap’’; and 
(B) in subclause (v)— 
(i) in subclause (II), by striking ‘‘; 
and’’ and inserting a semicolon; 
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(ii) in subclause (III), by striking the 
period at the end and inserting ‘‘; and’’; 
and 
(iii) by adding at the end the fol-
lowing: 
‘‘(IV) other foreign authorities.’’; 
and 
(2) by striking subparagraph (H) and inserting 
the following: 
‘‘(H) CONFIDENTIALITY
AGREEMENT.— 
Before the security-based swap data repository 
may share information with any entity de-
scribed in subparagraph (G), the security-based 
swap data repository shall receive a written 
agreement from each entity stating that the en-
tity shall abide by the confidentiality require-
ments described in section 24 relating to the in-
formation on security-based swap transactions 
that is provided.’’. 
(d) EFFECTIVE DATE.—The amendments made by 
this Act shall take effect as if enacted as part of the Dodd- 
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Frank Wall Street Reform and Consumer Protection Act 
(Public Law 111–203) on July 21, 2010. 
Passed the House of Representatives July 14, 2015. 
Attest: 
KAREN L. HAAS, 
Clerk. 
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