Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013

Bill: 113-hr-742
Sponsor: Rep. Crawford, Eric A. "Rick" [R-AR-1]
Introduced: 2013-02-15 in the House
Policy area: Finance and Financial Sector
Subjects: Banking and financial institutions regulation
Business records
Commodities markets
Commodity Futures Trading Commission
Contracts and agency
Executive agency funding and structure
Government information and archives
Securities
Securities and Exchange Commission (SEC)
Trade secrets and economic espionage

Summary:
action_date: 2013-02-15
text: 
 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. 

action_date: 2013-06-12
text: 

(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. 


Legislative actions:
action_date: 2013-06-13
text: Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
action_date: 2013-06-12
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2013-06-12
text: 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)
action_date: 2013-06-12
text: 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)
action_date: 2013-06-12
text: Considered as unfinished business. (consideration: CR H3317)
action_date: 2013-06-12
text: 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.
action_date: 2013-06-12
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 742.
action_date: 2013-06-12
text: Considered under suspension of the rules. (consideration: CR H3304-3307)
action_date: 2013-06-12
text: Mr. Crawford moved to suspend the rules and pass the bill.
action_date: 2013-06-12
text: Placed on the Union Calendar, Calendar No. 75.
action_date: 2013-06-12
text: Reported by the Committee on Financial Services. H. Rept. 113-106, Part II.
action_date: 2013-06-12
text: Reported by the Committee on Financial Services. H. Rept. 113-106, Part II.
action_date: 2013-06-12
text: Reported by the Committee on Agriculture. H. Rept. 113-106, Part I.
action_date: 2013-06-12
text: Reported by the Committee on Agriculture. H. Rept. 113-106, Part I.
action_date: 2013-05-07
text: Ordered to be Reported by the Yeas and Nays: 52 - 0.
action_date: 2013-05-07
text: Committee Consideration and Mark-up Session Held.
action_date: 2013-04-11
text: Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
action_date: 2013-03-20
text: Ordered to be Reported by Voice Vote.
action_date: 2013-03-20
text: Committee Consideration and Mark-up Session Held.
action_date: 2013-03-14
text: Committee Hearings Held.
action_date: 2013-02-15
text: Referred to the Committee on Agriculture, and in addition to the Committee on Financial Services, 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.
action_date: 2013-02-15
text: Referred to the Committee on Agriculture, and in addition to the Committee on Financial Services, 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.
action_date: 2013-02-15
text: Introduced in House
action_date: 2013-02-15
text: Introduced in House