Chairman Frank Lucas today released the following statement on Scott O'Malia's last day as Commissioner of the Commodity Futures Trading Commission (CFTC). Last month, O’Malia announced he would resign to pursue other opportunities.
H.R. 677, the Inter-Affiliate Swap Clarification Act
To exempt inter-affiliate swaps from certain regulatory requirements put in place by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Reps. Steve Stivers (R-OH), Gwen Moore D-WI), Chris Gibson (R-NY), and Marcia Fudge (D-OH)
Introduced in the U.S. House of Representatives on February 13, 2013
Ordered reported, as amended, by voice vote on March 20, 2013