About the bill
H.R. 5749 requires the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation to adjust the risk-sensitivity of the capital treatment of centrally cleared options. In addition, the bills requires an offset using a “delta adjustment” and “netting” of correlated positions in the calculation of the Current Exposure Model used for bank capital rules.
In response to the 2008 financial crisis, the Basel Committee on Banking Supervision (Basel Committee) agreed to modify internationally negotiated bank regulatory standards known as the Basel Accords, to increase bank capital requirements. On July 9, 2013, the federal banking regulators, including the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC), issued a final rule to implement most of …
Sponsor and status
Sponsor. Representative for Illinois's 14th congressional district. Republican.
Last Updated: Jul 11, 2018
Length: 4 pages
115th Congress (2017–2019)
This bill was introduced in a previous session of Congress and was passed by the House on July 10, 2018 but was never passed by the Senate.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
1 Cosponsor (1 Democrat)
What legislators are saying
“House Passes Hultgrens Options Markets Stability Act”
— Rep. Randy Hultgren [R-IL14, 2011-2018] (Sponsor) on Jul 11, 2018
What stakeholders are saying
H.R. 5749 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 5749. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2022). H.R. 5749 — 115th Congress: Options Markets Stability Act. Retrieved from https://www.govtrack.us/congress/bills/115/hr5749
“H.R. 5749 — 115th Congress: Options Markets Stability Act.” www.GovTrack.us. 2018. October 7, 2022 <https://www.govtrack.us/congress/bills/115/hr5749>
Options Markets Stability Act, H.R. 5749, 115th Cong. (2018).
|title=H.R. 5749 (115th)
|accessdate=October 7, 2022
|author=115th Congress (2018)
|date=May 10, 2018
|quote=Options Markets Stability Act
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.