Ask AI
S. 2428

A bill to amend the Commodity Exchange Act to exempt certain small entities dealing in foreign exchange that serve small- and medium-sized businesses from certain capital and margin requirements, and for other purposes.

This bill amends the Commodity Exchange Act to exempt certain money transmitters from specified capital and margin requirements that otherwise apply to counterparty swaps.

Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Sen. Hatch, Orrin G. [R-UT](R-UT)Sponsor
1committees2actions1related bills2subjects
  1. IntroReferral

    Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

    Agriculture, Nutrition, and Forestry Committee
  2. IntroReferral10000

    Introduced in Senate

A bill to amend the Commodity Exchange Act to exempt certain small entities dealing in for… — Informed