[Page S3544]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3939. Mrs. FEINSTEIN (for herself and Mr. Levin) submitted an 
amendment intended to be proposed to amendment SA 3739 proposed by Mr. 
Reid (for Mr. Dodd (for himself and Mrs. Lincoln)) to the bill S. 3217, 
to promote the financial stability of the United States by improving 
accountability and transparency in the financial system, to end ``too 
big to fail'', to protect the American taxpayer by ending bailouts, to 
protect consumers from abusive financial services practices, and for 
other purposes; which was ordered to lie on the table; as follows:

       On page 699, strike line 20 and insert the following:
       ``(A) Registration.--The Commission may adopt rules and 
     regulations requiring registration with the Commission for a 
     foreign board of trade that provides the members of the 
     foreign board of trade or other participants located in the 
     United States with direct access to the electronic trading 
     and order matching system of the foreign board of trade, 
     including rules and regulations prescribing procedures and 
     requirements applicable to the registration of such foreign 
     boards of trade. For purposes of this paragraph, `direct 
     access' refers to an explicit grant of authority by a foreign 
     board of trade to an identified member or other participant 
     located in the United States to enter trades directly into 
     the trade matching system of the foreign board of trade.
       ``(B) Linked contracts.--It shall be unlawful
       On page 703, line 14, strike ``(B)'' and insert ``(C)''.
       On page 703, line 15, strike ``Subparagraph (A)'' and 
     insert ``Subparagraphs (A) and (B)''.
       On page 704, line 13, strike ``paragraphs (1) and (2) of 
     subsection (b)'' and insert ``subparagraphs (A) and (B) of 
     subsection (b)(1)''.

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