Markets and Trading Reorganization Act

H.R. 1167 · 114th Congress · Feb 27, 2015 · Lineage

A BILL

To establish the Securities and Derivatives Commission in order to combine the functions of the Commodity Futures Trading Commission and the Securities and Exchange Commission in a single independent regulatory commission.

Section 1 Short title; table of contents

(a)

Short title— This Act may be cited as the “Markets and Trading Reorganization Act”.

(b)

Table of contents— The table of contents of this Act is as follows:

Sec. 2 Purposes

The purposes of this Act are—

(1)

to establish a single Federal regulatory body with jurisdiction over securities, derivatives, options, futures, and related markets and instruments;

(2)

to coordinate the regulation of relevant financial markets;

(3)

to strengthen investor confidence in United States financial markets; and

(4)

to ensure the efficiency and competitiveness of those markets.

Sec. 3 Definition

As used in this Act, the term Commission, other than where expressly referring to the Securities and Exchange Commission or the Commodity Futures Trading Commission, means the Securities and Derivatives Commission established by section 101 of this Act.

Lineage

Feb 27, 2015viewing Introduced in House Mr. Capuano (for himself, Mr. Himes, and Mr. Lynch) introduced the following bill; which was 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

Markets and Trading Reorganization Act

Section 1 Short title; table of contents

Sec. 2 Purposes

Sec. 3 Definition

Cite this provision

Incoming references