H.R. 3555: Exchange Regulatory Improvement Act

CBO Score

$1 million

Date of Report

Tue July 17th, 2018

CBO Report Details

Legislation Details

115th Congress

To amend the Securities Exchange Act of 1934 to provide that the definition of a facility of an exchange does not apply to a line of business the purpose of which is not to effect or report a transaction on an exchange.

Sponsor: Rep. Barry Loudermilk — R — GA

This bill directs the Securities and Exchange Commission (SEC) to adopt regulations interpreting the meaning of the term "facility" under the Securities Exchange Act of 1934. (National exchange facilities are regulated by the SEC.)

View the full vote history of this bill on GovTrack.us.

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