06/23/14 9:04 PM
The House adjourned. The next meeting is scheduled for 10:00 a.m. on June 24, 2014.
06/23/14 9:04 PM
On motion to adjourn Agreed to by voice vote.
06/23/14 9:04 PM
Mr. Thompson (PA) moved that the House do now adjourn.
06/23/14 9:03 PM
ONE MINUTE SPEECHES - The House proceeded with further one minute speeches.
06/23/14 9:02 PM H.R. 4413
Committee of the Whole House on the state of the Union rises leaving H.R. 4413 as unfinished business.
06/23/14 9:02 PM H.R. 4413
On motion that the Committee rise Agreed to by voice vote.
06/23/14 9:02 PM H.R. 4413
Mr. Lucas moved that the Committee rise.
06/23/14 9:01 PM H.R. 4413
POSTPONED PROCEEDINGS - At the conclusion of debate on the Garrett amendment No. 8, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Peterson (MN) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
06/23/14 8:50 PM H.R. 4413
DEBATE - Pursuant to the provisions of H. Res. 629, the Committee of the Whole proceeded with 10 minutes of debate on the Garrett amendment No. 8.
06/23/14 8:50 PM H.R. 4413
An amendment, offered by Mr. Garrett, No. 8 printed in House Report 113-476 to exempt Registered Investment Companies (RICs) that are currently registered with the Securities and Exchange Commission (SEC) under the Investment Company Act of 1940 from duplicative registration requirements with the Commodity Futures Trading Commission (CFTC) allowing the SEC to continue to have full regulatory oversight and enforcement authority over RICs. Amendment does not remove the jurisdiction and regulatory authority that the CFTC has over all futures, options and swaps transactions that the RICs invest in on behalf of their customers who are pensioners, retirees, and savers.
