SPEAKER INDEX CONTENTS INSERTS BURNS 28 29 30 100 101 102 110 111 112 CAREY 57 85 88 89 90 96 97 98 108 110 112 113 DAMGARD 67 81 82 87 90 95 99 101 109 111 114 DOOLEY 24 DUFFY 59 82 83 84 85 87 94 95 98 100 101 108 109 110 113 115 ELYSE BAUER 4 ETHERIDGE 20 21 22 88 89 90 91 GAINE 74 75 86 87 103 104 113 114 KEVIN KRAMP 4 LARSEN 22 23 24 26 27 28 91 92 93 94 95 96 MORAN 8 9 10 11 12 15 16 17 20 22 24 25 26 28 30 32 34 36 37 38 39 41 54 55 56 59 64 66 71 74 75 77 81 82 83 85 88 89 91 94 96 100 102 104 106 107 110 112 113 114 115 MUSGRAVE 20 NEWSOME 11 12 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 PETERSON 9 17 18 19 20 25 26 55 83 84 85 PICKEL 71 86 88 93 107 113 114 PICKERING 34 35 36 POMEROY 10 11 30 31 32 33 R 4 R., NORTH CAROLINA 3 ROTH 77 102 112 114 SMIT 98 SMITH 39 41 96 97 98 99 100 108 109 110 STENHOLM 85 87 STEPHEN HATERIUS 4 WILLIAM E. O'CONNER, J 4 WOLKOFF 64 92 105 106 CONTENTS SPEAKERS INSERTS OPENING STATEMENT OF HON. JERRY MORAN, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF KANSAS PAGE 8 OPENING STATEMENT OF HON. COLLIN C. PETERSON, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF MINNESOTA PAGE 9 STATEMENT OF JAMES E. NEWSOME, CHAIRMAN, COMMODITY FUTURES TRADING COMMISSION PAGE 11 OPENING STATEMENT OF HON. JERRY MORAN, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF KANSAS PAGE 54 OPENING STATEMENT OF HON. COLLIN C. PETERSON, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF MINNESOTA PAGE 55 STATEMENT OF CHARLES P. CAREY, CHAIRMAN, CHICAGO BOARD OF TRADE, CHICAGO, IL PAGE 57 STATEMENT OF TERRENCE A. DUFFY, CHAIRMAN, CHICAGO MERCANTILE EXCHANGE, CHICAGO, IL PAGE 59 STATEMENT OF NEAL L. WOLKOFF, EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER, NEW YORK MERCANTILE EXCHANGE, NEW YORK, NY PAGE 64 STATEMENT OF JOHN M. DAMGARD, PRESIDENT, FUTURES INDUSTRY ASSOCIATION, WASHINGTON DC PAGE 66 STATEMENT OF ROBERT G. PICKEL, CHIEF EXECUTIVE OFFICER, INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION, NEW YORK, NY PAGE 71 STATEMENT OF JOHN G. GAINE, PRESIDENT, MANAGED FUNDS ASSOCIATION, WASHINGTON, DC PAGE 74 STATEMENT OF DANIEL J. ROTH, PRESIDENT AND CHIEF EXECUTIVE OFFICER, NATIONAL FUTURES ASSOCIATION, CHICAGO, IL PAGE 77 INSERTS SPEAKERS CONTENTS