Summary of Amendments Submitted to the Rules Committee for H.R. 3978 - TRID Improvement Act of 2017

Summaries Derived from Information Provided by Sponsors

Listed in Alphabetical Order

February 12, 2018 3:10 PM

Click on sponsor for amendment text

Foster (IL), Scott, David (GA)

#2

Clarifies that the requirement applies only to proprietary source code related to algorithmic trading, which contains prescriptive information.

Hill (AR)

#1

Reduces the amount of money that the SEC can deposit in its "Reserve Fund" to a maximum of $48 million for the current fiscal year (FY 18), and direct any amounts that exceed that limitation from the SEC to the Treasury General Fund, and strike Title VI.