U.S. House approves derivatives cross-border, end-user bills

The U.S. House approved three derivatives-related bills on June 12. One bill would require the Securities and Exchange Commission and Commodity Futures Trading Commission to adopt identical rules establishing how Dodd-Frank’s swaps provisions will apply outside of the United States. Another bill is intended to ensure that true derivatives end-users are exempt from Dodd-Frank’s margin requirements. Read on to learn about the bills.