H.R. 4247 — Introduced in House

I 116th CONGRESS 1st Session H. R. 4247 IN THE HOUSE OF REPRESENTATIVES September 9, 2019Mr. Harder of California introduced the following bill; which was referred to the Committee on Agriculture A BILL To amend the Commodity Exchange Act to eliminate the double-sided confirmation requirement for swap data repositories. 1. Short title This Act may be cited as the Financial Watchdog Support Act. 2. Elimination of the double-sided confirmation requirement for swap data repositories (a) In general Section 21(c) of the Commodity Exchange Act (7 U.S.C. 24a(c)) is amended by striking paragraph (2) and redesignating paragraphs (3) through (8) as paragraphs (2) through (7), respectively. (b) Conforming amendment Section 21(d) of such Act (7 U.S.C. 24a(d)) is amended by striking (c)(7) and inserting (c)(6).