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Bill114th CongressFiled Oct 9, 2015Finance and Financial Sector
H.R. 3738

Office of Financial Research Accountability Act of 2015

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to house without amendment (Jun 8, 2016)

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Office of Financial Research Accountability Act of 2015

(Sec. 2) This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to require the Office of Financial Research within the Department of the Treasury to publish annually a detailed work plan of the Office priorities for the upcoming fiscal year, including a detailed description of the progress made by primary financial regulatory agencies in adopting a unique alphanumeric system ("Legal Entity Identifier") to identify legally distinct entities that engage in financial transactions, as well as a list of regulations requiring the use of such a system and actions taken to ensure its adoption by those agencies.

The bill requires the Office to develop and implement a cybersecurity plan using adequate safeguards to protect the integrity and confidentiality of the data in Office possession.

What just happenedJun 8, 2016

Placed on the Union Calendar, Calendar No. 473.

Who’s behind it

Rep. Royce, Edward R. [R-CA-39](R-CA)Sponsor
2 cosponsors1 D1 R
Read on Congress.gov
2cosponsors1committees9actions10subjects
  1. Jun 8, 2016CalendarsH12410

    Placed on the Union Calendar, Calendar No. 473.

  2. Jun 8, 2016CommitteeH12200

    Reported by the Committee on Financial Services. H. Rept. 114-608.

    Financial Services Committee
  3. Jun 8, 2016Committee5000

    Reported by the Committee on Financial Services. H. Rept. 114-608.

    Financial Services Committee
  4. Nov 4, 2015Committee

    Ordered to be Reported by the Yeas and Nays: 35 - 22.

    Financial Services Committee
  5. Nov 4, 2015Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  6. Nov 3, 2015Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  7. Oct 9, 2015IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  8. Oct 9, 2015IntroReferralIntro-H

    Introduced in House

  9. Oct 9, 2015IntroReferral1000

    Introduced in House

Reported to House without amendmentJun 8, 201679

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Office of Financial Research Accountability Act of 2015

(Sec. 2) This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to require the Office of Financial Research within the Department of the Treasury to publish annually a detailed work plan of the Office priorities for the upcoming fiscal year, including a detailed description of the progress made by primary financial regulatory agencies in adopting a unique alphanumeric system ("Legal Entity Identifier") to identify legally distinct entities that engage in financial transactions, as well as a list of regulations requiring the use of such a system and actions taken to ensure its adoption by those agencies.

The bill requires the Office to develop and implement a cybersecurity plan using adequate safeguards to protect the integrity and confidentiality of the data in Office possession.

Introduced in HouseOct 9, 2015

Office of Financial Research Accountability Act of 2015

This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to require the Office of Financial Research within the Department of the Treasury to publish annually a detailed work plan of the Office priorities for the upcoming fiscal year, including a detailed description of the progress made by primary financial regulatory agencies in adopting a unique alphanumeric system ("Legal Entity Identifier") to identify legally distinct entities that engage in financial transactions, as well as a list of regulations requiring the use of such a system and actions taken to ensure its adoption by those agencies.

The bill requires the Office to develop and implement a cybersecurity plan using adequate safeguards to protect the integrity and confidentiality of the data in Office possession.

Office of Financial Research Accountability Act of 2015 — Informed