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Bill115th CongressFiled Jan 20, 2017Finance and Financial Sector
H.R. 594

Markets and Trading Reorganization Act

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary introduced in house (Jan 20, 2017)

Markets and Trading Reorganization Act

This bill establishes the Securities and Derivatives Commission as an independent regulatory body and transfers to the commission all functions, officers, and components of the Commodity Futures Trading Commission and the Securities and Exchange Commission.

The new commission shall establish the following principal divisions: (1) a Markets and Trading Division that has oversight of market conduct and utilities, the conduct of market professionals, and self-regulatory organizations with regard to such market professionals; (2) an Issuers and Financial Disclosures Division that has oversight of the issuance of securities; and (3) an Enforcement Division that enforces commission rules.

    What just happenedFeb 13, 2017

    Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

    Who’s behind it

    Rep. Capuano, Michael E. [D-MA-7](D-MA)Sponsor
    1 cosponsor1 D
    Read on Congress.gov
    1cosponsors2committees6actions8subjects
    1. Feb 13, 2017Committee

      Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

      Commodity Markets, Digital Assets, and Rural Development Subcommittee
    2. Jan 20, 2017IntroReferralH11100

      Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.

      Agriculture Committee
    3. Jan 20, 2017IntroReferralH11100-A

      Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.

    4. Jan 20, 2017IntroReferralH11100

      Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.

      Financial Services Committee
    5. Jan 20, 2017IntroReferralIntro-H

      Introduced in House

    6. Jan 20, 2017IntroReferral1000

      Introduced in House

    Markets and Trading Reorganization Act — Informed