H.R. 3012: Markets and Trading Reorganization Act

113th Congress · introduced 2013-08-02 · Finance and Financial Sector · Latest: Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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Follow this bill, step by step

Where it came from: introduced 2013-08-02 · official record
Who proposed it: Rep. Capuano, Michael E. [D-MA-7] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Markets and Trading Reorganization Act

Plain summary

Markets and Trading Reorganization Act - Establishes the Securities and Derivatives Commission as an independent regulatory body. Directs the Commission to establish the following principal divisions: (1) a Markets and Trading Division with oversight of market conduct and utilities, the conduct of market professionals, and self-regulatory organizations with regard to such market professionals (including related examination functions); (2) an Issuers and Financial Disclosures Division exercising oversight of the issuance of securities (including investment companies and related rules and examinations); and (3) an Enforcement Division to enforce all Commission rules. Transfers to such Commission all functions of the Commodity Futures Trading Commission (CFTC) and of the Securities and Exchange Commission (SEC), including their respective officers and components.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Markets and Trading Reorganization Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Capuano, Michael E. [D-MA-7] · 4 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Stephen F. Lynch (D-MA), James A. Himes (D-CT)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Rulemaking: The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-113hr3012.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/113/hr>

Record fed-us-cong113-hr3012 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113