,,ii  #aaeth ,,congress  #b;d ,session  
,s4 #bdbh  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,february #ad1 
#bjah,mr4 ,hatch introduced the         
following bill2 which was read twice and
 referred to the ,committee on          
,agriculture1 ,nutrition1 and ,forestry 
,a ,,bill  ,to amend the ,commodity     
,exchange ,act to exempt certain small  
entities dealing in foreign exchange    
that serve small- and medium-sized      
businesses from certain capital and     
margin requirements1 and for other      
purposes4  #a4 ,applicability of capital
 and margin requirements to             
counterparties ,section #ds7e77#d7 of   
the ,commodity ,exchange ,act 7#g       
,u4,s4,c4 #fs7e77#d77 is amended-- 7#a7 
by striking counterparty qualifies and  
inserting the following3 8counterparty--
  7,a7 qualifies  2  7#b7 in            
subparagraph 7,a7 7as so designated71 by
 striking the period at the end and     
inserting 2 or2 and  7#c7 by adding at  
the end the following3  7,b7 7i7 is a   

money transmitter 7as defined in section
 #ajaj4ajj7;ff77#e7 of title #ca1 ,code 
of ,federal ,regulations7 7or any       
successor regulation77 that--  7,i7 is  
regulated by a ,state1 the ,district of 
,columbia1 or a territory or possession 
of the ,united ,states for financial    
adequacy2  7,,ii7 is registered in      
accordance with section #ajbb4chj of    
title #ca1 ,code of ,federal            
,regulations 7or any successor          
regulation72 and  7,,iii7 enters only   
into swaps exclusively for the purpose  
of offsetting risks generated from      
foreign currency contracts with an      
entity that is not a financial end user 
7as defined in section #bc4aea of title 
#ag1 ,code of ,federal ,regulations 7or 
any successor regulation772 and  7ii7   
has total assets of #a1jjj1jjj1jjj or   
less on the last day of its most recent 
fiscal year4  4