Earlier this month the House Financial Services Committee approved six bills that would roll back pieces of the Dodd-Frank Act designed to improve regulation of the derivatives market. The most contentious of the bills, H.R. 992, would repeal most of Sec. 716 of the 2010 financial reform bill, Dodd-Frank, which requires banks to spin off their derivatives activities into separate affiliate institutions that do not have access to federal bank subsidies. Many financial reform advocates consider Sec. 716 to be Dodd-Frank's key measure for preventing public subsidies of speculative derivatives trading.

Data: A MapLight analysis of campaign contributions to members of the House Financial Services Committee from the PACs of top banks (Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, & Wells Fargo) and the Finance, Insurance, and Real Estate (FIRE) sector from January 1, 2011 to December 31, 2012. Data source: Federal Elections Commission (FEC)

• House Financial Services Committee members voting 'YES' on H.R. 992 received, on average, 2.6 times moremoney from top banks than committee members voting 'NO.'

• House Financial Services Committee members voting 'YES' on H.R. 992 received, on average, 3 times more money from the Finance, Insurance, and Real Estate (FIRE) sector than committee members voting 'NO.'

Note: Bank of America, Goldman Sachs, JPMorgan Chase, and Citigroup collectively hold 93.2% ($208 trillion in notional value) of all derivatives contracts.

Methodology: MapLight analysis of campaign contributions to members of the House Financial Services Committee voting on H.R. 992 from top banks (Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, & Wells Fargo) and the Finance, Insurance, and Real Estate (FIRE) sector from January 1, 2011 - December 31, 2012. Data source: FEC

Image: Mclek / Shutterstock