SPEAKER INDEX    CONTENTS   INSERTS   
BORN             4      6     10     11     12     13     14     15     16  
                17     18     19     20     21     22  
BOSWELL          3     14  
EWING            1      2      3      4      6     10     11     12     13  
                14     16     17     18     19     20     21     22  
HILLMAN          6      7     10     15     16     17     19     22  
MORAN            4  
SMITH            3     13     14     15     16  

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

OPENING STATEMENT OF HON. LEONARD L. BOSWELL, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF IOWA
                                                                 PAGE     3

OPENING STATEMENT OF HON. NICK SMITH, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF MICHIGAN
                                                                 PAGE     3

STATEMENT OF BROOKSLEY BORN, CHAIRPERSON, COMMODITY FUTURES TRADING COMMISSION
                                                                 PAGE     4

STATEMENT OF RICHARD J. HILLMAN, ASSOCIATE DIRECTOR, FINANCIAL INSTITUTIONS AND MARKETS ISSUES, 
GENERAL GOVERNMENT DIVISION, U.S. GENERAL ACCOUNTING OFFICE
                                                                 PAGE     6


INSERTS    SPEAKERS   CONTENTS   
NO INSERTS IN THIS HEARING