,i  #aah? ,,congress  #b;d ,session  ,h4
 ,r4 #hhjb  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,june #ba1 #bjbd,mr4  
,lucas 7= himself & ,mr4 ,david ,scott (
 ,georgia7 introduc$ ! foll[+ bill2 :i* 
0 ref]r$ to ! ,committee on ,f9ancial   
,s]vices1 & 9 addition to ! ,committee  
on ,agriculture1 = a p]iod to be        
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to require !       
,securities & ,ex*ange ,commission & !  
,commodity ,futures ,trad+ ,commission  
to c>ry out a jo9t /udy ( ! impact (    
c]ta9 propos$ rules on trad+ & capital  
m>kets activities1 & = o!r purposes4    
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,capital ,m>kets ,impact ( ,f$]al     
,res]ve ,/udy ,act4  #b4 ,,sec & ,,cftc 
jo9t /udy  7a7 ,jo9t /udy ,! ,securities
 & ,ex*ange ,commission 7,,sec 7 & !    
,commodity ,futures ,trad+ ,commission  
7,,cftc 7 %all jo9tly conduct a /udy on 
! cumulative impact on m>kets regulat$  

by ! ,,sec & ,,cftc t w\ld be impos$    
by-- 7#a7 ! propos$ rule titl$          
,regulatory ,capital ,rule3 ,l>ge ,bank+
 ,organizations & ,bank+ ,organizations 
) ,significant ,trad+ ,activity 7#hh    
,f$4 ,reg4 #fdjbh2 publi%$ ,septemb]    
#ah1 #bjbc72 &  7#b7 ! propos$ rule     
titl$ ,regulatory ,capital ,rule3       
,risk-,bas$ ,capital ,sur*>ges = ,global
 ,sy/emically ,important ,bank ,hold+   
,companies2 ,sy/emic ,risk ,report 7,,fr
 ,y-#ae7 7#hh ,f$4 ,reg4 #fjche2 publi%$
 ,septemb] #a1 #bjbc74  7b7             
,consultation ,9 c>ry+ out ! /udy       
requir$ "u subsection 7a71 ! ,,sec & !  
,,cftc %all consult ) ,,cftc advisory   
committees on ! impact ! propos$ rules  
describ$ "u subsection 7a7 w\ld h on    
,unit$ ,/ates d]ivatives m>kets1        
includ+-- 7#a7 ! ,,cftc ,agricultural   
,advisory ,committee2  7#b7 ! ,,cftc    
,en]gy & ,environm5tal ,m>kets ,advisory
 ,committee2  7#c7 ! ,,cftc ,global     
,m>kets ,advisory ,committee2 &  7#d7 ! 
,,cftc ,m>ket ,risk ,advisory           

,committee4  7c7 ,report ,n lat] ?an #ij
 days aft] ! date ( enactm5t ( ?is ,act1
 ! ,,sec & ,,cftc %all jo9tly issue a   
report to ! ,congress1 & make sure      
report available to ! public1 conta9+-- 
7#a7 all f9d+s & det]m9ations made 9    
c>ry+ out ! /udy requir$ "u subsection  
7a72 &  7#b7 a description ( ! specific 
impacts ! propos$ rules describ$ "u     
subsection 7a7 w\ld h on ! trad+ &      
capital m>kets activities ( ,unit$      
,/ates depository in/itutions1 bank     
hold+ companies1 futures commission     
m]*ants1 retail =eign ex*ange deal]s1 & 
d]ivative end-us]s4