To facilitate implementation of title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act, promote regulatory coordination, and avoid market disruption.

Summary

Amends the Wall Street Transparency and Accountability Act of 2010 (the Act), title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act, to revise the effective dates for the Act and for regulations promulgated under it. Sets a target date by which the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are required to further define specified swaps which are subject to joint rulemaking by the two Commissions. Sets forth effective dates for CFTC reporting of swap-data and SEC reporting of security-based swap data. Authorizes the two Commissions to permit the reporting of swap data and security-based swap data to certain persons who have: (1) provided notice of their intention to register as a swap data repository or as a security-based swap data repository, and (2) made appropriate undertakings to the relevant Commission which it determines to be in the public interest. Directs the two Commissions, before prescribing final rules and regulations under this Act, to conduct public hearings and roundtables on specified issues, take testimony of interested parties, and solicit public comment. Amends the Commodity Exchange Act and the Securities Exchange Act of 1934 to authorize the CFTC and the SEC, respectively, to exempt a person from registration and related regulatory requirements, if specified criteria are met.

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Documents

7 official files

• Reported in House (text)

  Reported in House · EN · 16 June 2011

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• Reported in House (PDF)

  Reported in House · EN · 16 June 2011

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• Reported to House amended, Part II

  summary · EN · 16 June 2011

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• Reported to House amended, Part I

  summary · EN · 16 June 2011

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• Introduced in House (text)

  Introduced in House · EN · 15 April 2011

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• Introduced in House (PDF)

  Introduced in House · EN · 15 April 2011

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• Introduced in House

  summary · EN · 15 April 2011

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