lcalvobartolome/proxann_data huggingface dataset:
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2010-12-16 00:00:00

Equitable Treatment of Investors Act - Amends the Securities Investor Protection Act of 1970 to revise the definition of "net equity." Declares also that, in determining net equity, the positions, options, and contracts of a customer held by the debtor, and any indebtedness of the customer to the debtor, shall be determined based on: (1) the information contained in the last statement received by the customer from the debtor before the filing date; and (2) any additional specific confirmations of the customer's positions, options, contracts, or indebtedness received after such last statement but before the filing date. Prohibits reliance on the final statement of the debtor to customer, however, if the customer: (1) knew the debtor was involved in fraudulent activity with respect to any of its customers; or (2) as a registrant under the securities laws, or a person required to be so registered, knew, or should have known, that the debtor was involved in such a fraudulent activity and did not notify the Securities Investor Protection Corporation (SIPC), the Securities Exchange Commission (SEC), or law enforcement personnel that the debtor was so involved. Prohibits a trustee in a liquidation proceeding from recovering any property transferred by the debtor to a customer before the filing date unless, at the time of such transfer, the customer meets the same critieria. Transfers from SIPC to the SEC authority to nominate to a court persons for appointment as trustee for the liquidation of a debtor's business and as attorney for the trustee.
Topic: Domestic Commerce — Securities & Commodities
Subject: Taxation
Date: 2009-01-06 00:00:00

Amends the Internal Revenue Code to exempt interest earned on tax-exempt private activity bonds from the alternative minimum tax (AMT) and to exclude such interest as an adjustment to current earnings for purposes of computing alternative minimum taxable income.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2009-01-09 00:00:00

Taxpayer Protection Act - Makes a federal financial entity (the Secretary of the Treasury, members of the Financial Institutions Examination Council, and the Federal Housing Finance Agency) that provides emergency economic assistance to any private entity subject to oversight, reporting, accountability, and transparency provisions of the Emergency Economic Stabilization Act of 2008. Requires monthly reports to Congress on the recipients of such assistance and the collateral provided. Requires the intended recipient of such assistance, before receiving funds, to agree in writing to specified conditions regarding: (1) monthly reports to Congress; (2) access by the financial entity to relevant personnel and data; (3) limits on executive compensation; (4) prohibitions on bonuses to the recipient's 25 most highly compensated employees; (5) prohibitions on the use of assistance for entertainment and lobbying expenditures; and (6) the sale or divestiture of passenger aircraft. Considers any violation of such agreement as a default on the recipient's obligation. Directs the Attorney General to establish a Taxpayer Protection Prosecution Task Force to: (1) investigate and prosecute financial fraud that contributed to the collapse of our financial markets; (2) seek to recover any ill-gotten gains; and (3) make recommendations about extending the statute of limitation for complex financial fraud. Establishes the Financial Market Investigation and Reform Commission to: (1) report on the causes of the collapse of the nation's financial system and credit crisis; (2) report on the extent to which federal entities had information on risky or reckless financial practices that posed a threat to the financial system's well-being; (3) build on any investigations by congressional committees and federal banking agencies to avoid duplication of effort; and (4) report to the President and Congress with recommendations to prevent a similar crisis in the future.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2009-01-15 00:00:00

Derivatives Trading Integrity Act of 2009 - Amends the Commodity Exchange Act to: (1) repeal the exemption or exclusion from regulation by the Commodity Futures Trading Commission (CFTC) of specified derivative transactions, swap transactions, and related electronic trading facilities; (2) restrict futures trading to contract markets or derivatives transaction execution facilities; and (3) abolish exempt boards of trade.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2009-01-29 00:00:00

Hedge Fund Transparency Act - Amends the Investment Company Act of 1940, Securities Act of 1933, the Securities Exchange Act of 1934, and the Internal Revenue Code to convert exceptions to the definition of an investment company into exemptions from mandatory registration as one. Exempts an investment company with assets, or assets under management, of at least $50 million from ordinary registration and filing requirements only if that company: (1) registers with the Securities and Exchange Commission (SEC); (2) files with the SEC a specified annual electronic information form, made available to the public, concerning ownership structure, investors, primary accountant and broker, and current assets value; (3) maintains such books and records as the SEC may require; and (4) cooperates with any request for information or examination by the SEC. Requires any investment company meeting such exemption requirements to establish an anti-money laundering program, according to rules prescribed by the Secretary of the Treasury, and report suspicious transactions. Requires such rules to require exempted investment companies to use risk-based due diligence policies, procedures, and controls reasonably designed to ascertain the identity of, and evaluate, any foreign person that supplies funds, or plans to supply funds, to be invested with the investment company's advice or assistance. Requires such rules also to require exempted investment companies to comply with the same requirements as other financial institutions for producing records requested by a federal regulator, particularly within 120 hours of receiving such a request.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2009-03-16 00:00:00

Directs the Securities and Exchange Commission (SEC) to take specified actions to regulate short sales of securities, including: (1) reinstating regulations in effect on July 5, 2007, prohibiting short sales of securities unless the previous price movement on such securities had been upward (the uptick rule); (2) rescinding the prohibition against applying certain price tests to short sales; (3) requiring trades by short sellers to yield priority and preference to transactions effected by long sellers of securities; (4) prohibiting short sales of securities of financial institutions unless such trades are effected at a price (in minimum lots, as specified by the SEC) that is at least 5 cents higher than the immediately preceding transaction in such securities; and (5) issuing regulations that prohibit short sales unless the seller can demonstrate a legally enforceable right to deliver the securities at the required delivery date and that require all short sales to settle on the same time frame employed for long sales of the same securities.
Topic: Domestic Commerce — Securities & Commodities
Subject: International affairs
Date: 2009-04-23 00:00:00

Congo Conflict Minerals Act of 2009 - Declares it is U.S. policy to promote peace and security in the Democratic Republic of Congo (DRC) by supporting the efforts of the DRC, other governments in the Great Lakes Region of Africa, and the international community to: (1) monitor and stop commercial activities involving the natural resources of the DRC (the minerals columbite-tantalite [coltan], cassiterite, wolframite, and gold) that contribute to illegal armed groups and human rights violations in the eastern region of the DRC; and (2) develop stronger governance and economic institutions that can facilitate and improve transparency in the cross-border trade involving such natural resources in order to reduce exploitation by illegal armed groups and promote local and regional development. Directs the President, acting through the Secretary of State, the U.S. Permanent Representative to the United Nations (UN), and other appropriate U.S. officials to use the voice of the United States at the UN Security Council to renew the mandate and strengthen the capacity of the UN Group of Experts on the DRC to investigate links between such minerals and the financing of illegal armed groups. Directs the Secretary to work with UN member states and local and international organizations to: (1) produce, and make public, a map of mineral-rich zones and illegal armed groups in the eastern region of the DRC; and (2) provide guidance to commercial entities to ensure that the raw materials used in their products do not finance armed conflict, result in labor or human rights violations, or damage the environment. Requires the Secretary, working with the Administrator of the U.S. Agency for International Development (USAID), to report to Congress on a strategy to address the links that exist between human rights abuses, armed groups, and the mining of the minerals in the DRC. Requires specified annual reports to cover such links. Amends the Securities Exchange Act of 1934 to require the Securities and Exchange Commission (SEC) to promulgate rules to require certain persons who engage in the trade or use of coltan, cassiterite, and wolframite to disclose annually to the SEC the country of origin and mine of origin of such minerals. Expresses the sense of Congress on assistance to communities in the eastern DRC that depend economically on the mineral trade, particularly those affected by sexual and gender-based violence, as well as individuals displaced by violence.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2009-04-29 00:00:00

Credit Rating Agency Responsibility Act of 2009 - Amends the Securities and Exchange Act of 1934 to direct the Securities and Exchange Commission (SEC) to audit annually each nationally recognized statistical rating organization (NRSRO) to assure that the NRSRO is sufficiently disclosing its rating procedures and methodologies, they are sound, and it is adhering to them.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2009-06-16 00:00:00

Private Fund Transparency Act of 2009 - Amends the Investment Advisers Act of 1940 to: (1) repeal the exemption from its registration requirements for private investment advisers; and (2) continue to exempt from such requirements only foreign private advisers. Authorizes the Securities and Exchange Commission (SEC) to require any registered investment adviser to maintain and submit records for federal supervision of systemic risk. Shields the SEC from any compulsion to disclose any supervisory report or information that is required to be filed with the SEC. Repeals the general disclaimer that no provision of the Act shall be construed to require, or to authorize the SEC to require any investment adviser engaged in rendering investment supervisory services to disclose the identity, investments, or affairs of any of its clients. Empowers the SEC to ascribe different meanings to terms (including the term "client") used in different sections of the Act.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2009-06-25 00:00:00

Fixed Indexed Annuities and Insurance Products Classification Act of 2009 - Amends the Securities Act of 1933 to include within the class of securities exempt from its coverage any insurance or endowment policy or annuity contract or optional annuity contract: (1) whose value does not vary according to the performance of a separate account; and (2) which satisfies standard nonforfeiture laws or similar requirements of the applicable state, Territory, or District of Columbia at time of issue or, in the absence of applicable standard nonforfeiture laws or requirements, satisfies the Model Standard Nonforfeiture Law for Life Insurance or Model Standard Nonforfeiture Law for Individual Deferred Annuities, or any successor model law, as published by the National Association of Insurance Commissioners. Declares without force or effect Rule 151A promulgated by the Securities and Exchange Commission (SEC) on January 16, 2009, and entitled "Indexed Annuities and Certain Other Insurance Contracts."
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2009-07-08 00:00:00

Commodity Speculation Reform Act of 2009 - Amends the Commodity Exchange Act to prohibit the Commodity Futures Trading Commission (CFTC) from issuing a no action letter to any foreign board of trade that lists a contract whose price settles on the price of a contract traded on a CFTC-regulated exchange, unless the foreign board provides the CFTC with information and data accessibility comparable to those provided the CFTC by entities under its jurisdiction. Directs the CFTC to promulgate regulations to establish and enforce speculative position limits for qualifying commodities, a methodology for aggregating specified positions, and information reporting rules to facilitate monitoring and enforcement of speculative position limits and over-the-counter commodity derivatives. Prohibits a person from holding or controlling a position, separately or in combination, net long or net short, for the purchase or sale of a commodity for future delivery or, on a futures-equivalent basis, any option, or an over-the-counter commodity derivative that exceeds CFTC speculative position limits.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2009-07-30 00:00:00

Liability for Aiding and Abetting Securities Violations Act of 2009 - Amends the Securities Exchange Act of 1934 to subject to liability in a private civil action any person that knowingly or recklessly provides substantial assistance to another person (aids and abets) in violation of such Act.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2009-09-17 00:00:00

Derivatives Market Manipulation Prevention Act of 2009 - Amends the Commodity Exchange Act to prohibit swap and other derivatives market manipulation and the reporting of false information relating to swaps. Subjects violations to specified civil penalties, and grants the Commodity Futures Trading Commission (CFTC) enforcement powers. Extends to swaps the requirements for cease and desist orders and fines against persons (other than a registered entity) for market price manipulations and other violations. Extends private rights of action to contracts connected with a swap.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2009-09-22 00:00:00

Comprehensive Derivatives Regulation Act of 2009 - Amends the Securities Exchange Act of 1934, the Securities Act of 1933, and the Gramm-Leach-Bliley Act to repeal the exclusion of swap agreements from regulatory oversight. Subjects security futures and securities futures products to the Securities Exchange Act of 1934 and the Securities Act of 1933. Requires transactions of standardized security-based swaps to take place within a registered clearing agency or a registered trade repository. Requires a significant security-based derivatives market participant to register with the Securities and Exchange Commission (SEC). Sets forth capital and margin requirements for such a participant, including recordkeeping and reporting requirements. Prohibits fraduluent, deceptive, or manipulative acts or practices in connection with transactions in security-based swaps and security derivatives. Directs the SEC to prescribe position limits held in a security-based swap or security derivative. Requires trading in security-based swaps to be executed on a national securities exchange. Amends the Commodity Futures Modernization Act of 2000 to repeal the exclusion of covered swap agreements transacted by a bank from the regulatory oversight of the Commodity Futures Trading Commission (CFTC). Amends the Commodity Exchange Act to require submission of a standardized commodity-based swap to a derivatives clearing organization pursuant to CFTC rules. Directs the CFTC to collect, consolidate, and disseminate information on transactions and positions in commodity-based swaps. Sets forth registration requirements for a derivatives clearing organization. Allocates regulatory authority over significant commodity-based derivatives market participants among the following entities: (1) a federal banking agency; (2) the Federal Housing Finance Agency (FHFA); (3) the CFTC; and (4) the SEC. Requires significant commodity-based derivatives market participants to register with the CFTC. Prescribes capital and margin requirements as well as recordkeeping and reporting requirements for such participants. Revises restrictions on excessive speculation. Prohibits fraduluent, deceptive, or manipulative acts or practices in connection with transactions in commodity-based swaps. Requires registration of commodity-based swap execution facilities. Allocates enforcement powers among the following entities with respect to commodity-based derivatives market participants: (1) the CFTC; (2) the SEC; (3) the Federal Housing Finance Agency (FHFA); and (4) the appropriate federal banking agency. Directs the CFTC and the SEC to promulgate rules: (1) requiring clearing agencies and derivatives clearing organizations to have risk management controls to assure their ability to meet settlement obligations; and (2) for determining the status of certain derivatives. Directs the Comptroller General to study and report to Congress on implementation of this Act by the CFTC and the SEC.
Topic: Domestic Commerce — Securities & Commodities
Subject: Taxation
Date: 2009-12-23 00:00:00

Wall Street Fair Share Act - Amends the Internal Revenue Code to impose an excise tax on securities trading facilities, brokers, and purchasers for certain securities transactions. Sets such tax at .25% of the fair market value of the security traded. Defines "security" to include stock in a corporation, partnership interests, debt instruments, or interests in certain derivative financial instruments. Exempts from such tax an initial issue of securities, transactions in certain retirement, education, and health savings accounts, and transactions in mutual funds. Allows the purchaser of securities a credit against the excise tax for the lesser of the tax incurred or $250 ($500 for married couples filing joint tax returns). Requires withholding of excise tax amounts by the transferor of securities subject to the tax.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2010-02-04 00:00:00

Citizens Right to Know Act of 2010 - Amends the Securities Exchange Act of 1934 to require issuers of securities to disclose to their shareholders electioneering communications they have made or in which they have participated. Prohibits an issuer from making or participating in any electioneering communication if 51% or more of its outstanding securities are owned or controlled by a foreign principal or agent of a foreign principal. Requires an issuer to obtain prior approval by majority vote of all shareholders before making or participating in any electioneering communication. Amends the Federal Election Campaign Act of 1971 to require that: (1) audio and television communications be made by the president or chief executive officer of the corporation paying for such communications; and (2) they identify the individual by name and position. Requires a communication paid for by an organization other than a corporation to include a statement listing the names of the three persons making the largest aggregate contributions to the organization during the 12-month period before the date of the communication. Sets forth Internet disclosure requirements for contributors to certain radio and television ads that are electioneering communications.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2010-02-24 00:00:00

Maintaining Agency Direction on Financial Fraud Act - Prohibits any interpretive guidance issued by the Securities and Exchange Commission which relates to "Commission Guidance Regarding Disclosure Related to Climate Change" from taking effect with respect to any person on or after February 2, 2010.
Topic: Domestic Commerce — Securities & Commodities
Subject: Finance and financial sector
Date: 2010-03-10 00:00:00

Protect Our Recovery Through Oversight of Proprietary Trading Act of 2010 or the PROP Trading Act - Amends the Bank Holding Company Act of 1956 to prohibit a banking entity from: (1) engaging in proprietary trading; or (2) having an ownership interest in or sponsoring a hedge fund or a private equity fund. Subjects any specified nonbank financial company holding such proprietary trading and ownership interests to additional capital requirements and additional quantitative limits. Directs the Board of Governors of the Federal Reserve System (Board) and the Federal Deposit Insurance Corporation (FDIC) to adopt rules jointly to implement this Act. Authorizes the Board and the FDIC to exclude from such prohibitions specified transactions or activities, including: (1) the purchase or sale of obligations of the United States or any federal agency; (2) instruments issued by the Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac); and (3) obligations of any state or its political subdivision. Prohibits from the class of excluded activities any transactions that would: (1) result in a material conflict of interest between the banking entity or the nonbank financial company and its clients, customers, or counterparties; (2) result in exposure to high risk assets or high risk trading strategies; (3) threaten the safety and soundness of a banking entity or the nonbank financial company; or (4) threaten the financial stability of the United States. Prohibits any banking entity that serves, directly or indirectly, as the investment manager or investment adviser to a hedge fund or private equity fund from entering into a covered transaction with, or provide custody, securities lending, or other prime brokerage services to, such person. Treats a banking entity that serves as investment manager or investment adviser to a hedge fund or private equity fund as if: (1) it were a member bank subject to the Federal Reserve Act; and (2) the hedge fund or private equity fund were an affiliate thereof. Amends the Securities Act of 1933 to prohibit an underwriter, placement agent, initial purchaser, or sponsor of an asset-backed security, while the security is outstanding and held by unaffiliated investors, from engaging in any transaction that would: (1) give rise to any material conflict of interest with respect to any investor; or (2) undermine the value, risk, or performance of such security
Topic: Domestic Commerce — Securities & Commodities
Subject: Taxation
Date: 2010-05-12 00:00:00

Municipal Bond Market Support Act of 2010 - Amends Internal Revenue Code provisions relating to the small issuer exemption from interest expense allocation rules for financial institutions to: (1) permanently increase from $10 million to $30 million the annual limit on small issuers of tax-exempt municipal bonds; and (2) allow an inflation adjustment to such increased limit amount after 2011.