Summary: H.R.4267 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for H.R.4267. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/14/2014)

Commodity Delivery Relief Act - Amends the Commodity Exchange Act to revise the exclusion from the definition of "swap" of any sale of a nonfinancial commodity or security for deferred shipment or delivery, so long as the transaction is intended to be physically settled.

Excludes from the meaning of "swap" also: (1) any purchase of a nonfinancial commodity or security for deferred shipment or delivery, so long as the transaction is intended to be physically settled; and (2) any stand-alone or embedded option for which exercise results in a physical delivery obligation.