,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #ajjc  ,,in ,,the ,,house ,,of  
,,representatives  ,march #f1 #bjac ,mr4
 ,conaway 7for himself1 ,mr4 ,david     
,scott of ,georgia1 ,mr4 ,jordan1 ,mr4  
,mc,henry1 and ,mr4 ,garrett7 introduced
 the following bill2 which was referred 
to the ,committee on ,agriculture  ,a   
,,bill  ,to improve consideration by the
 ,commodity ,futures ,trading           
,commission of the costs and benefits of
 its regulations and orders4  #a4       
,consideration by the ,commodity        
,futures ,trading ,commission of the    
costs and benefits of its regulations   
and orders ,section #ae7;a7 of the      
,commodity ,exchange ,act 7#g ,u4,s4,c4 
#ai7;a77 is amended by striking         
paragraphs 7#a7 and 7#b7 and inserting  
the following3  7#a7 ,in general ,before
 promulgating a regulation under this   
,act or issuing an order 7except as     
provided in paragraph 7#c771 the        
,commission1 through the ,office of the 
,chief ,economist1 shall assess the     

costs and benefits1 both qualitative and
 quantitative1 of the intended          
regulation and propose or adopt a       
regulation only on a reasoned           
determination that the benefits of the  
intended regulation justify the costs of
 the intended regulation 7recognizing   
that some benefits and costs are        
difficult to quantify74 ,it must        
measure1 and seek to improve1 the actual
 results of regulatory requirements4    
7#b7 ,considerations ,in making a       
reasoned determination of the costs and 
the benefits1 the ,commission shall     
evaluate--  7,a7 considerations of      
protection of market participants and   
the public2  7,b7 considerations of the 
efficiency1 competitiveness1 and        
financial integrity of futures and swaps
 markets2  7,c7 considerations of the   
impact on market liquidity in the       
futures and swaps markets2  7,d7        
considerations of price discovery2  7,e7
 considerations of sound risk management
 practices2  7,f7 available alternatives

 to direct regulation2  7,g7 the degree 
and nature of the risks posed by various
 activities within the scope of its     
jurisdiction2  7,h7 whether1 consistent 
with obtaining regulatory objectives1   
the regulation is tailored to impose the
 least burden on society1 including     
market participants1 individuals1       
businesses of differing sizes1 and other
 entities 7including small communities  
and governmental entities71 taking into 
account1 to the extent practicable1 the 
cumulative costs of regulations2  7,i7  
whether the regulation is inconsistent1 
incompatible1 or duplicative of other   
,federal regulations2  7,j7 whether1 in 
choosing among alternative regulatory   
approaches1 those approaches maximize   
net benefits 7including potential       
economic1 environmental1 and other      
benefits1 distributive impacts1 and     
equity72 and  7,k7 other public interest
 considerations4  4