Derivatives Dealers Act of 1995

Referred to the Subcommittee on Telecommunications and Finance.

Congressional Research Service

Official summary

Version 00 · Introduced in House · Feb 27, 1995

TABLE OF CONTENTS: Title I: Derivatives Dealers Title II: Broker-Dealer Oversight Reforms Derivatives Dealers Act of 1995 - Title I: Derivatives Dealers - Amends the Securities Exchange Act of 1934 to set forth registration requirements and procedures for derivatives dealers. Directs the Securities and Exchange Commission (SEC) to adopt rules with respect to dealer financial responsibility and mandatory annual reports. Grants the SEC enforcement powers. Mandates securities association membership for derivatives dealers. Title II: Broker-Dealer Oversight Reforms - Permits a national securities exchange to adopt and implement rules for members and material associated persons engaged in derivatives transactions for which such exchange is the designated examining authority in order to enforce compliance with this Act. (Sec.205) Prescribes, for risk assessment purposes, derivatives transaction recordkeeping and reporting requirements for: (1) government securities brokers and dealers; and (2) brokers and dealers.

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People & committees

Who introduced it

Rep. Markey, Edward J. [D-MA-7] · D–MA

Committees

Energy and Commerce Committee

0 cosponsorship records, including any withdrawals

Legislative record

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

Mar 3, 1995
Referred to the Subcommittee on Telecommunications and Finance.
Feb 27, 1995
Referred to the House Committee on Commerce.
Feb 27, 1995
Sponsor introductory remarks on measure. (CR E447-448)
Feb 27, 1995
Introduced in House
Feb 27, 1995
Introduced in House

Primary sources

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Introduced in House · Feb 27, 1995 Formatted Text PDF

Related bills identified by Congress.gov

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Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.

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Analyze H.R.1063 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Discuss H.R.1063, 104th Congress: Derivatives Dealers Act of 1995

Official record: https://www.congress.gov/bill/104th-congress/house-bill/1063

Text version to examine: Introduced in House · 1995-02-27.

Official full text: https://www.congress.gov/104/bills/hr1063/BILLS-104hr1063ih.htm

Imported record last updated by the source: 2025-08-21T20:16:52Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Analyze H.R.1063 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Examine H.R.1063 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Discuss H.R.1063, 104th Congress: Derivatives Dealers Act of 1995

Official record: https://www.congress.gov/bill/104th-congress/house-bill/1063

Text version to examine: Introduced in House · 1995-02-27.

Official full text: https://www.congress.gov/104/bills/hr1063/BILLS-104hr1063ih.htm

Imported record last updated by the source: 2025-08-21T20:16:52Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.1063 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

Institutions and government scope

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Examine H.R.1063 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Discuss H.R.1063, 104th Congress: Derivatives Dealers Act of 1995

Official record: https://www.congress.gov/bill/104th-congress/house-bill/1063

Text version to examine: Introduced in House · 1995-02-27.

Official full text: https://www.congress.gov/104/bills/hr1063/BILLS-104hr1063ih.htm

Imported record last updated by the source: 2025-08-21T20:16:52Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.1063 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

Individual rights and government power

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Examine H.R.1063 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

View full prompt & sources

Discuss H.R.1063, 104th Congress: Derivatives Dealers Act of 1995

Official record: https://www.congress.gov/bill/104th-congress/house-bill/1063

Text version to examine: Introduced in House · 1995-02-27.

Official full text: https://www.congress.gov/104/bills/hr1063/BILLS-104hr1063ih.htm

Imported record last updated by the source: 2025-08-21T20:16:52Z. Verify current status and distinguish any later version from the version above.

Read the official text before answering. If you cannot access it, say so and ask me to provide it; do not assume a link means you have read the document. Distinguish proposals from enacted law, cite sources, and separate facts, interpretation, and uncertain predictions. Include counterarguments even when using a particular perspective.

Examine H.R.1063 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.