The House Agriculture Committee has scheduled a hearing Wednesday to review four bills and three discussion drafts that seek to amend Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
The House measures would require the Commodity Futures Trading Commission (CFTC) to conduct better cost-benefit analyses of its regulations; clarify the definition of swap dealer; and would provide a user exemption of margin requirements in certain instances.
“In due course these [bills] will be considered” for mark-up, said Committee spokeswoman Tamara Hinton. But she said that a date for mark-up has not been scheduled yet.
The bills to be examined at the hearing include:
The House committee also will review three discussion draft bills to amend Dodd-Frank, which have not yet been introduced — the Small Business Credit Availability Act, the Pension Plan Risk Reduction Act, and a proposal to clarify the definition of swap dealer to end confusion with major swap participants.
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