Regional Financial Relief Act of 2014
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 30, 2014)
Regional Financial Relief Act of 2014 - Amends the Bank Holding Company Act of 1956 regarding prohibitions on proprietary trading by banking entities and certain relationships with hedge funds and private equity funds.
Directs the appropriate federal banking agencies, the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) to promulgate, for banking entities with less than $50 billion in trading assets and liabilities, regulations regarding internal controls and recordkeeping whose requirements are less burdensome than those governing banking entities with $50 billion or more in trading assets and liabilities.
What just happenedMay 30, 2014
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseMay 30, 2014
- May 30, 2014IntroReferralH11100
Referred to the House Committee on Financial Services.
- May 30, 2014IntroReferralIntro-H
Introduced in House
- May 30, 2014IntroReferral1000
Introduced in House