Risk Hedging Protection Act of 2014
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 15, 2014)
Risk Hedging Protection Act of 2014 - Amends the Commodity Exchange Act, with respect to futures commission merchants registration requirements and duties, to require that any rules or regulations requiring a futures commission merchant to maintain a residual interest in accounts held for the benefit of customers in amounts at least sufficient to exceed the sum of all their customers' uncollected margin deficits must also provide that such a merchant meets the residual interest requirement as of the end of each business day calculated as of the close of business on the previous business day.
What just happenedJul 15, 2014
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Who’s behind it
- Introduced in SenateJul 15, 2014
- Jul 15, 2014IntroReferral
Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
- Jul 15, 2014IntroReferral10000
Introduced in Senate