,,ii  #aac? ,,congress  #a/ ,session    
,s4 #gaj  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,april #aa1 #bjac ,mr4 
,w>n] 7= himself1 ,mr4 ,toomey1 ,mr4    
,c>p]1 ,mr4 ,moran1 & ,mr4 ,johanns7    
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,bank+1 ,h\s+1 & ,urban ,affairs  ,a    
,,bill  ,to provide = exemptions f      
municipal advisor regi/ration           
requirem5ts4  #a4 ,%ort title ,?is ,act 
may be cit$ z ! ,municipal ,advisors    
,relief ,act ( #bjac4  #b4 ,bank        
exemption f municipal advisor           
regi/ration ,section #ae;,b7e77#d7 ( !  
,securities ,ex*ange ,act ( #aicd 7#ae  
,u4,s4,c4 #gho-#d7;e77#d77 is am5d$--   
7#a7 9 subp>agraph 7,a71 by /rik+       
entity7 & ins]t+ entity1 or a p]son     
appo9t$ to or volunte]+ on a bo>d1      
commission1 committee1 or simil>        
function ( a municipal entity72 &  7#b7 
9 subp>agraph 7,c71 by ins]t+ aft]      
include ! foll[+3 a bank 7z def9$ 9     
section 7#c77;a77#f77 or an ag5cy or    

bran* ( a =eign bank 7z def9$ 9         
p>agraphs 7#a7 & 7#c71 respectively1 (  
section #a7;b7 ( ! ,int]national ,bank+ 
,act ( #aigh 7#ab ,u4,s4,c4 #caja7714