Commodity Futures Trading Commission: Proposed Reauthorization in the 115th Congress

Miller, Rena S.

Library of Congress. Congressional Research Service.

关键词: Finance;    Futures trading;    Legislation;   

RP-ID  :  R44733
RP-ID  :  R44733_2017Sep29

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report examines selected major H.R. 238 provisions that would authorize appropriations for the Commodity Futures Trading Commission (CFTC) of $250 million for each of FY2017 through FY2021, expand the current 5 cost-benefit analysis provisions in the CEA to 12 considerations and add a requirement that the CFTC conduct quantitative as well as qualitative assessments, potentially broaden the bona fide hedging definition to allow anticipated, as well as current, risks to be hedged, which might increase the number of swaps that qualify as hedges, and mandate that, starting 18 months from enactment, the regulatory requirements of the eight largest foreign swaps markets be considered comparable to those of the United States--unless the CFTC issued a rule finding that any of those foreign jurisdictions' requirements were not comparable to U.S. requirements.