• Welcome to Tux Reports: Where Penguins Fly. We hope you find the topics varied, interesting, and worthy of your time. Please become a member and join in the discussions.

Watch Out: H.R. 26 Carries a Rider

LPH

Flight Director
Flight Instructor
LPH submitted a new blog post

Watch Out: H.R. 26 Carries a Rider

Democrats and Republicans in the House of Representatives passed H.R. 26 on a 416 to 5 roll call. The legislation carries a rider titled, Business Risk Mitigation and Price Stabilization Act of 2015.

"Amends the Commodity Exchange Act and the Securities Exchange Act of 1934 to exempt specified swaps from prudential rules governing margin requirements for swaps not cleared by a registered derivatives clearing organization"...
Continue reading the Original Blog Post.
 

Paul

Master of None
Flight Instructor
This is really disturbing. The press is picking up on H.R. 37 and how the Democrats blocked it. But it looks like this one has full support.
 
Top