United States · Bill · S
S. 3682 (115th)
A bill to require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives.
Introduced
29 November 2018
Last action
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Status
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
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Subjects
Discovery layer
Source updated
5 December 2025
Summary
This bill amends the Federal Deposit Insurance Act, the Bank Holding Company Act of 1956, and the Home Owners' Loan Act to exclude initial client margin funds (i.e., funds lent to a client by a broker to facilitate a derivatives contract) from leverage-exposure calculations for purposes of determining whether an insured depository institution, a bank holding company, or a savings and loan holding company is in compliance with federal leverage-based capital standards.
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate · EN · 29 November 2018
Introduced in Senate (PDF)
Introduced in Senate · EN · 29 November 2018
Introduced in Senate
summary · EN · 29 November 2018
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/115th-congress/senate-bill/3682
- Open data entity: https://api.congress.gov/v3/bill/115/s/3682