SPEAKER INDEX    Segment 1 of 4    Next Segment (2)
CONTENTS   INSERTS   
BARBARA PEDERSEN HOLUM   105  
BARRETT         28     29     30     31  
BORN            11     22     23     28     29     30     31     32     34  
                35     37     38     39     40     41     42     43     45  
                47     48     49  
BOSWELL         64     65  
CHAMBLISS       69     70  
DEAR CHAIRMAN EWING   133  
DEAR COMMISSIONER SPEARS    88    134  
DEAR REPRESENTATIVE OSE    91    102  
ETHERIDGE       26     27     28  
EWING            1      6     11     13     16     19     22     23     24  
                25     26     28     31     32     36     38     40     42  
                45     46     48     49     51     54     58     59     60  
                63     64     65     66     69     70     71  
GENSLER         49     60     62     63     64     67     69     70     71  
GOODE           31     32  
GUTKNECHT       46     47     48     66     67     68     69  
HAYES           42     43     44     45     63     64  
HOLUM           14     23     24     33     37     41     46  
HON. DAVID D. SPEARS   134  
HON. THOMAS W. EWING, CHAIRMAN   133  
MORAN           40     41     42     65     66  
NAZARETH        52     58     59     63     65     66     70  
NEAL P. GILLEN   134    137  
NEWSOME         19     26     27     28     34     36     44     45     46  
OSE             45  
PARKINSON       54     60     61     65     68     70  
POMEROY         36     37     38     42     61     62     63  
SMITH           32     33     34     35     36  
SPEARS          16     25     34     35     41     42     46  
STENHOLM         4  
THE HONORABLE DAVID D. SPEARS    88  
THE HONORABLE DOUG OSE    90    101  
THUNE           38     39     45     46  
U.S. COMMODITY FUTURES TRADING COMMISSION    90  

CONTENTS    SPEAKERS   INSERTS   
OPENING STATEMENT OF HON. THOMAS W. EWING, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF ILLINOIS
                                                                 PAGE     1

STATEMENT OF BROOKSLEY BORN, CHAIRPERSON, COMMODITY FUTURES TRADING COMMISSION
                                                                 PAGE    11

STATEMENT OF BARBARA PEDERSEN HOLUM, COMMISSIONER, COMMODITY FUTURES TRADING COMMISSION
                                                                 PAGE    13

STATEMENT OF DAVID D. SPEARS, COMMISSIONER, COMMODITY FUTURES TRADING COMMISSION
                                                                 PAGE    16

STATEMENT OF JAMES E. NEWSOME, COMMISSIONER, COMMODITY FUTURES TRADING COMMISSION
                                                                 PAGE    19

STATEMENT OF GARY GENSLER, UNDER SECRETARY, DOMESTIC FINANCE, DEPARTMENT OF THE TREASURY
                                                                 PAGE    49

STATEMENT OF ANNETTE L. NAZARETH, DIRECTOR, DIVISION OF MARKET REGULATION, SECURITIES AND EXCHANGE 
COMMISSION
                                                                 PAGE    51

STATEMENT OF PATRICK M. PARKINSON, ASSOCIATE DIRECTOR, DIVISION OF RESEARCH AND STATISTICS, BOARD 
OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
                                                                 PAGE    54


INSERTS    SPEAKERS   CONTENTS