,,ii  #aag? ,,congress  #a/ ,session    
,s4 #cbdi  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,novemb] #ah1 #bjba,mr4
 ,wyd5 7= himself & ,ms4 ,lummis7       
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to revise ! rules (
 con/ruction applicable to in=mation    
report+ requirem5ts impos$ on brok]s )  
respect to digital assets1 & = o!r      
purposes4  #a4 ,rules ( con/ruction     
applicable to in=mation report+         
requirem5ts impos$ on brok]s ) respect  
to digital assets  7a7 ,9 g5]al ,section
 #hjfjc ( ! ,infra/ructure ,inve/m5t &  
,jobs ,act is am5d$ by /rik+ subsection 
7d7 & ins]t+ ! foll[+3  7d7 ,rule (     
con/ruction  7#a7 ,def9ition ( brok]    
,no?+ 9 ?is section or ! am5dm5ts made  
by ?is section %all be con/ru$ to create
 any inf]5ce t a p]son describ$ 9       
section #fjde7;c77#a77;,d7 ( ! ,int]nal 
,rev5ue ,code ( #aihf1 z add$ by ?is    
section1 includes any p]son solely      
engag$ 9 ! bus9ess (-- 7,a7 validat+    

di/ribut$ l$g] transactions1  7,b7 sell+
 h>dw>e or s(tw>e = :i* ! sole function 
is to p]mit a p]son to control private  
keys :i* are us$ = access+ digital      
assets on a di/ribut$ l$g]1 or  7,c7    
develop+ digital assets or _!           
correspond+ protocols = use by o!r      
p]sons1 provid$ t su* o!r p]sons are n  
cu/om]s ( ! p]son develop+ su* assets or
 protocols4  7#b7 ,brok]s & treatm5t (  
digital assets ,no?+ 9 ?is section or ! 
am5dm5ts made by ?is section %all be    
con/ru$ to create any inf]5ce1 = any    
p]iod prior to ! effective date ( su*   
am5dm5ts1 ) respect to-- 7,a7 :e!r any  
p]son is a brok] "u section             
#fjde7;c77#a7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf1 or  7,b7 :e!r any digital     
asset is prop]ty :i* is a specifi$      
security "u section #fjde7;g77#c77;,b7 (
 su* ,code4  7e7 ,s5se ( ,congress ,x is
 ! s5se ( ,congress t no?+ 9 ! am5dm5ts 
made by ?is section %all be con/ru$ to h
 any effect on ! ,securities ,act (     
#aicc 7#ae ,u4,s4,c4 #gg;a et seq47 or !

 ,securities ,ex*ange ,act ( #aicd 7#ae 
,u4,s4,c4 #gh;a et seq474  4  7b7       
,effective date ,! am5dm5ts made by ?is 
section %all take effect z if includ$ 9 
! enactm5t ( section #hjfjc ( !         
,infra/ructure ,inve/m5t & ,jobs ,act4