118th Congress · HOUSE BILLBILL

H.R. 5234Risk Management for Derivatives Clearing Organizations Act

To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to permit certain non-designated clearinghouses access to a deposit account at a Federal reserve bank, to apply certain risk management standards to non-designated clearinghouses receiving certain services from a Federal reserve bank, and for other purposes.

Finance and financial sector
Introduced Aug 18, 2023
Last action Aug 18, 2023
Pipeline · Bill → Law
Step 1
Introduced
Aug 18, 2023
Step 2
Referred
Aug 18, 2023
Financial Services
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill allows derivatives clearing organizations and clearing agencies to maintain accounts at a Federal Reserve Bank.  

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
Aug 18, 2023
Introduced in House
Aug 18, 2023
Referred to the House Committee on Financial Services.