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Watch Out: H.R. 26 Carries a Rider
Watch Out: H.R. 26 Carries a Rider
Continue reading the Original Blog Post.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"...