FW: New version of the Ewing bill

Cynthia asked me to forward Chairman Ewing's substitute bill which is
attached. There are two changes that present a problem for us: 1. metals
have been taken out and 2. rulemaking authority for manipulation has been put
in. Please pay close attention to pages 38 and 39, specifically 38(2)©.
(The good news is that we have been told by staff that it could have been
worse!)

Please also note that the House subcommittee mark-up is tomorrow followed by
the full committee mark-up on Tuesday. The Senate will then act more quickly
than we anticipated: mark-up is scheduled for next Thursday. We are in the
process of securing meetings with key Senate staff for tomorrow.

- explanation of substitute amendment.doc
- EWING_027.PDF