,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #ccja  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #h1 #bjbe,mr4    
,nunn ( ,i[a 7= himself & ,ms4 ,bynum7  
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,f9ancial ,s]vices  ,a 
,,bill  ,to am5d ! ,securities ,ex*ange 
,act ( #aicd to specify c]ta9           
regi/ration /atem5t cont5ts = em]g+ gr[?
 companies1 to p]mit issu]s to file     
draft regi/ration /atem5ts ) !          
,securities & ,ex*ange ,commission =    
confid5tial review1 & = o!r purposes4   
#a4 ,regi/ration /atem5ts ,section      
#ab7;b7 ( ! ,securities ,ex*ange ,act ( 
#aicd 7#ae ,u4,s4,c4 #ghl7b77 is am5d$--
 7#a7 9 p>agraph 7#a77,k71 by /rik+     
ye>s1 & ins]t+ ye>s 7or1 9 ! case ( an  
em]g+ gr[? company1 n m ?an ! two prec$+
 ye>s712 &  7#b7 by add+ at ! end !     
foll[+3 ,any issu] may confid5tially    
submit to ! ,commission a draft         
regi/ration /atem5t = confid5tial       
nonpublic review by ! /aff ( !          
,commission prior to public fil+1       

provid$ t ! initial confid5tial         
submission & all am5dm5ts !reto %all be 
publicly fil$ ) ! ,commission n lat] ?an
 #aj days be=e li/+ on a national       
securities ex*ange4 ,not)/&+ any o!r    
provision ( ?is title1 ! ,commission    
%all n be compell$ to disclose any      
in=mation provid$ to or obta9$ by !     
,commission pursuant to ?is subsection4 
,= purposes ( section #eeb ( title #e1  
?is subsection %all be consid]$ a /atute
 describ$ 9 subsection 7b77#c77;,b7 (   
su* section #eeb4 ,in=mation describ$ 9 
or obta9$ pursuant to ?is subsection    
%all be deem$ to con/itute confid5tial  
in=mation = purposes ( section #bd4 4