,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #cahb  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #e1 #bjbe,mr4    
,bresnahan introduc$ ! foll[+ bill2 :i* 
0 ref]r$ to ! ,committee on ,h\se       
,adm9i/ration  ,a ,,bill  ,to am5d title
 #e1 ,unit$ ,/ates ,code1 to prohibit   
,memb]s ( ,congress & _! sp\ses f trad+ 
/ock1 & = o!r purposes4  #a4 ,prohibit+ 
transactions & own]%ip ( c]ta9 f9ancial 
in/rum5ts by ,memb]s ( ,congress & _!   
sp\ses  7a7 ,9 g5]al ,*apt] #aca ( title
 #e1 ,unit$ ,/ates ,code1 is am5d$ by   
add+ aft] sub*apt] ,,iii ! foll[+3  ,,iv
 ,re/rictions ,reg>d+ ,f9ancial         
,in/rum5ts  #acaea4 ,def9itions ,9 ?is  
sub*apt]-- 7#a7 ! t]m cov]$ f9ancial    
in/rum5t-- 7,a7 means-- 7i7 any inve/m5t
 9-- 7,i7 a security 7z def9$ 9 section 
#c7;a7 ( ,securities ,ex*ange ,act (    
#aicd 7#ae ,u4,s4,c4 #gh;c7a7772  7,,ii7
 a security future 7z def9$ 9 t         
section72 or  7,,iii7 a commodity 7z    
def9$ 9 section #a;a ( ! ,commodity     
,ex*ange ,act 7#g ,u4,s4,c4 #a;a772 &   

7ii7 any economic int]e/ comp>able to an
 int]e/ describ$ 9 subclause 7,i7 t is  
acquir$ ?r\gh syn!tic means1 su* z ! use
 ( a d]ivative1 includ+ an option1      
w>rant1 or o!r simil> means2 &  7,b7    
does n include-- 7i7 a div]sifi$ mutual 
fund2  7ii7 a div]sifi$ ex*ange-trad$   
fund2  7iii7 any inve/m5t 9 ! ,?rift    
,sav+s ,plan2 or  7iv7 a ,unit$ ,/ates  
,treasury bill1 note1 or bond2  7#b7 !  
t]m ,memb] ( ,congress has ! mean+ giv5 
t t]m 9 section #acaja2 &  7#c7 ! t]m   
qualifi$ bl9d tru/ has ! mean+ giv5 t   
t]m 9 section #acajd7;f77#c74  #acaeb4  
,prohibition on c]ta9 transactions &    
hold+s involv+ cov]$ f9ancial in/rum5ts 
7a7 ,prohibition ,except z provid$ 9    
subsection 7b71 a ,memb] ( ,congress & !
 ,memb]'s sp\se may n1 dur+ ! t]m (     
s]vice ( ! ,memb]1 hold1 pur*ase1 or    
sell any cov]$ f9ancial in/rum5t4  7b7  
,exceptions  7#a7 ,hold+ cov]$ f9ancial 
in/rum5ts ,! prohibition on hold+ any   
cov]$ f9ancial in/rum5t "u subsection   
7a7 %all n apply to a cov]$ f9ancial    

in/rum5t a ,memb] ( ,congress or !      
,memb]'s sp\se owns imm$iately prec$+ ! 
t]m ( ! ,memb]4  7#b7 ,qualifi$ bl9d    
tru/ ,subsection 7a7 does n apply to a  
cov]$ f9ancial in/rum5t held 9 a        
qualifi$ bl9d tru/ op]at$ on behalf (1  
or = ! b5efit (1 a ,memb] ( ,congress or
 ! ,memb]'s sp\se4  7c7 ,f9es ,a ,memb] 
( ,congress :o holds or conducts a      
transaction involv+ a cov]$ f9ancial    
in/rum5t 9 violation ( ?is section may  
be subject to a civil f9e z describ$ "u 
section #acajf7;a74  4  7b7 ,cl]ical    
am5dm5t ,! table ( sections = su* *apt] 
#aca is am5d$ by ins]t+ aft] ! item     
relat+ to section #acadf ! foll[+3      
,,sub*apt] ,,iv--,,re/rictions ,,reg>d+ 
,,f9ancial ,,in/rum5ts#acaea4           
,def9itions4#acaeb4 ,prohibition on     
c]ta9 transactions & hold+s involv+     
cov]$ f9ancial in/rum5ts4  4  7c7       
,application ,! am5dm5ts made by        
subsection 7a7 %all beg9 to apply to    
,memb]s ( ,congress & _! sp\ses on !    
fir/ day ( ! ,"o ,hundr$ ,tw5tie?       

,congress4