,,ii #aag? ,,congress #a/ ,session ,s4 #cajb ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,octob] #bh1 #bjba,mr4 ,toomey introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to am5d ! ,securities ,ex*ange ,act ( #aicd to pres]ve commission-free trad+ & inve/or fre$om = ! p ( ! ,unit$ ,/ates by prohibit+ ! ,securities & ,ex*ange ,commission f bann+ paym5t = ord] fl[1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,inve/or ,fre$om ,act ( #bjba4 #b4 ,safe h>bor = paym5t = ord] fl[ ,section #bh ( ! ,securities ,ex*ange ,act ( #aicd 7#ae ,u4,s4,c4 #gh;bb7 is am5d$ by add+ at ! end ! foll[+3 7g7 ,paym5t = ord] fl[ 7#a7 ,def9ition ,9 ?is subsection1 ! t]m paym5t = ord] fl[ has ! mean+ giv5 ! t]m 9 section #bdj4aj;b-#aj7;d7 ( title #ag1 ,code ( ,f$]al ,regulations1 z 9 effect on ! date ( enactm5t ( ?is subsection4 7#b7 ,applicability 7,a7 ,9 g5]al ,no brok] or deal]1 or any p]son associat$ ) a brok] or deal]1 us+ ! mails1 or any means or in/rum5tality ( int]/ate comm]ce1 %all be deem$ to h act$ unlawfully or to h brea*$ a duty "u ,/ate or ,f$]al law solely by reason ( hav+ receiv$ paym5t = ord] fl[4 7,b7 ,re/riction ,nei!r ! ,commission nor any national securities ex*ange or regi/]$ securities association may promulgate any rule or regulation t prohibits1 limits1 or directs ! receipt or use ( paym5t = ord] fl[ by-- 7i7 a brok] or deal]2 or 7ii7 any p]son associat$ ) a brok] or deal]4 7,c7 ,rule ( con/ruction ,no?+ 9 ?is subsection may be con/ru$ to impair or limit ! p[] ( ! ,commission1 any national securities ex*ange1 or any regi/]$ securities association ) respect to any o!r duties applicable to ! execution ( a cu/om]'s ord] by a brok] or deal]4 4