,,ii #aafth ,,congress #ast ,session ,s4 #bicc ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,november #ba1 #bjai,mr4 ,boozman 7for himself and ,mr4 ,durbin7 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 require a review of current exemptions granted to foreign entities in response to an attempt by a foreign authority to exercise direct supervisory authority over a domestic derivatives clearing organization4 #a4 ,response to foreign regulatory authority ,section #e;b of the ,commodity ,exchange ,act 7#g ,u4,s4,c4 #g;a-#a7 is amended by inserting after subsection 7i7 the following3 7j7 ,response to foreign regulatory authority ,if a foreign authority seeks to assert direct supervisory authority over a derivatives clearing organization that is domiciled in the ,united ,states1 the ,commission shall review the appropriateness of the exemptions granted to foreign entities1 including clearinghouses1 under the jurisdiction of the foreign authority4 4