H.R.3819 - Fairness for Community Job Creators Act113th Congress (2013-2014)
|Sponsor:||Rep. Capito, Shelley Moore [R-WV-2] (Introduced 01/08/2014)|
|Committees:||House - Financial Services|
|Latest Action:||01/08/2014 Referred to the House Committee on Financial Services.|
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Summary: H.R.3819 — 113th Congress (2013-2014)All Bill Information (Except Text)
Introduced in House (01/08/2014)
Fairness for Community Job Creators Act - Amends the Bank Holding Company Act of 1956 relating to prohibitions on proprietary trading and certain relationships with hedge and private equity funds (Volcker Rule).
Prohibits any construction of these prohibitions to require the divestiture of collateralized debt obligations that were issued before December 10, 2013, if, as of that date, those obligations are predominantly backed by trust-preferred securities.