,,ii  #aac? ,,congress  #b;d ,session   
,s4 #aiab  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,janu>y #i1 #bjad,mr4  
,man*9 7= himself & ,mr4 ,wick]7        
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to cl>ify t c]ta9 bank+        
entities are n requir$ to dive/ f       
collat]aliz$ debt obligations back$ by  
tru/ pref]r$ securities "u ! ,volck]    
,rule4  #a4 ,volck] rule cl>ification   
relat+ to collat]aliz$ debt obligations 
back$ by tru/ pref]r$ securities        
,section #ac7;g7 ( ! ,bank ,hold+       
,company ,act ( #aief 7#ab ,u4,s4,c4    
#ahea7;g77 is am5d$ by add+ at ! end !  
foll[+3  7#d7 ,tru/ pref]r$ securities  
,no?+ 9 ?is section %all require or be  
con/ru$ to require a bank+ entity hav+  
total consolidat$ assets ( less ?an     
#ej1jjj1jjj1jjj or an organization t is 
a mutual hold+ company to dive/ f any   
collat]aliz$ debt obligation issu$ be=e 
,may #ai1 #bjaj1 if-- 7,a7 ! prim>y     

purpose = any su* obligation 0 z a      
vehicle = tru/ pref]r$ securities2 &    
7,b7 ! inve/m5t 9 any su* obligation 0  
made on or be=e ,decemb] #aj1 #bjac4  4