,i  #aaeth ,,congress  #ast ,session    
,h4 ,r4 #ceee  ,,in ,,the ,,house ,,of  
,,representatives  ,july #bh1 #bjag,mr4 
,loudermilk 7for himself1 ,mr4 ,meeks1  
,mr4 ,hultgren1 ,mr4 ,david ,scott of   
,georgia1 and ,mr4 ,zeldin7 introduced  
the following bill2 which was referred  
to the ,committee on ,financial         
,services  ,a ,,bill  ,to amend the     
,securities ,exchange ,act of #aicd to  
provide that the definition of a        
facility of an exchange does not apply  
to a line of business the purpose of    
which is not to effect or report a      
transaction on an exchange4  #a4 ,short 
title ,this ,act may be cited as the    
,exchange ,regulatory ,improvement ,act4
  #b4 ,facility defined ,section        
#c7;a77#b7 of the ,securities ,exchange 
,act of #aicd 7#ae ,u4,s4,c4            
#gh;c7a77#b77 is amended by striking the
 period at the end and inserting the    
following3 for the purpose of effecting 
or reporting a transaction on an        
exchange4 ,such term does not include   

any premises or property1 or the right  
to use any premises1 property1 or       
service1 to the extent such premises or 
property is used with respect to1 or    
such right relates to use with respect  
to1 a line of business the purpose of   
which is not to effect or report a      
transaction on an exchange44