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