SPEAKER INDEX    CONTENTS   INSERTS   
BAKER            1      4      7     12     15     18     19     20     23  
                26     27     28     29     30     36     37     41     42  
                43     48     52     60     62     63     64     65     75  
                80     84     86     87     94     99    104    105    106  
               112    119  
BIGGERT         75     76     77     78     79     80    112    113    114  
               115    116    117    118    119  
BORN             3      4     19  
CARLETON        29     30     62     74  
DOMOWITZ        44     83  
DONOHUE         95    105    106    107    108    109    114    117  
JONES           84     85     86    106    107    108    109    110    111  
               112  
KAMIHACHI       13     26  
KANJORSKI       65     66     67     68     69     72     73     74  
KATOVICH        37     42     77     78     79  
LUTNICK         48     64     65     66     67     68     69     75     76  
                77     79     85     86  
MALONEY OF CONNECTICUT    80     82     83     84  
MANZULLO        28  
MURTON          15     27     28  
POTTHOFF        99    104    110    111    116    117  
ROSE            87     88    112    113    114    115    116    119  
UNGER            8     21     23     24     26  
WALLMAN         53     70     72     73     81     82  

CONTENTS    SPEAKERS   INSERTS   
STATEMENT OF HON. BROOKSLEY BORN, CHAIRPERSON, COMMODITY FUTURES TRADING COMMISSION
                                                                 PAGE     3

STATEMENT OF HON. LAURA S. UNGER, COMMISSIONER, U.S. SECURITIES AND EXCHANGE COMMISSION
                                                                 PAGE     8

STATEMENT OF HON. JAMES D. KAMIHACHI, SENIOR DEPUTY COMPTROLLER FOR ECONOMIC AND POLICY ANALYSIS, 
OFFICE OF THE COMPTROLLER OF THE CURRENCY
                                                                 PAGE    13

STATEMENT OF ARTHUR MURTON, DIRECTOR, DIVISION OF INSURANCE, FEDERAL DEPOSIT INSURANCE CORPORATION
                                                                 PAGE    15

STATEMENT OF DALE L. CARLETON, VICE CHAIRMAN, STATE STREET CORPORATION
                                                                 PAGE    29

STATEMENT OF WILLIAM LUPIEN, CHAIRMAN AND FOUNDER, OPTIMARK TECHNOLOGIES, INC.
                                                                 PAGE    37

STATEMENT OF IAN DOMOWITZ, MARY JEAN AND FRANK P. SMEAL CHAIRED PROFESSOR OF FINANCE, SMEAL 
COLLEGE OF BUSINESS ADMINISTRATION, PENNSYLVANIA STATE UNIVERSITY
                                                                 PAGE    44

STATEMENT OF HOWARD W. LUTNICK, PRESIDENT & CEO, CANTOR FITZGERALD
                                                                 PAGE    48

STATEMENT OF STEVEN M.H. WALLMAN, SENIOR FELLOW [NON-RESIDENT], THE BROOKINGS INSTITUTION
                                                                 PAGE    53

STATEMENT OF FRANK S. ROSE, VICE PRESIDENT, RESEARCH AND STRATEGIC ANALYSIS, CHICAGO BOARD OF TRADE
                                                                 PAGE    87

STATEMENT OF CRAIG S. DONOHUE, SENIOR VICE PRESIDENT AND GENERAL COUNSEL, CHICAGO MERCANTILE 
EXCHANGE
                                                                 PAGE    95

STATEMENT OF VOLKER POTTHOFF, GENERAL COUNSEL, EUREX DEUTSCHLAND, FRANKFURT GMBH
                                                                 PAGE    99


INSERTS    SPEAKERS   CONTENTS   
NO INSERTS IN THIS HEARING