Capital Markets Impact of Federal Reserve Study Act

HR 8802 requires the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) to jointly study how two specific Federal Reserve capital rules would impact markets they regulate. The study examines the cumulative effect of these proposed rules on large banks and trading activities, consulting with four CFTC advisory committees focused on agriculture, energy, global markets, and risk. The SEC and CFTC must report their findings to Congress and the public within 90 days of the bill's enactment. This bill directly affects U.S. depository institutions, bank holding companies, futures brokers, and derivative end-users by mandating an analysis of upcoming regulatory changes, but does not alter any existing rules.