Chairman Jeb Hensarling

Legislation

H.R. 1610, the Business Risk Mitigation and Price Stabilization Act
Posted by on April 26, 2011
The Dodd-Frank Act requires derivatives transactions to be cleared through a registered clearing house, and exempts swaps and security based swaps from this clearing requirement if one of the counterparties is not a financial entity. The Business Risk Mitigation and Price Stabilization Act exempts true derivatives end-users from having to post margin as required under Dodd-Frank. True end-users are firms and companies that use derivatives to manage their risks, not to speculate. The legislation is sponsored by Rep. Michael Grimm. 

    Post a Comment
    Fill out the fields below to submit a comment