SPEAKER INDEX    CONTENTS   INSERTS   
BACHUS          14     54     55     56     57  
BAKER           11     13     37     38     39     40     41     58     61  
                63     64     65     66  
BENTSEN         50     51     52     54    102    103    104    105    113  
               114    115  
BIGGERT         61     62     63  
BORN            20     31     35     48     49     50     51     52     55  
                56     59     62     63  
COFFEE          87     99    100    103    104    109  
CRAPPLE         74     81     82    102    108    112  
GENSLER         16     32     33     34     41     42     43     47     54  
                55     59     63     69     72  
HARRIS          82    104    106    108    111    115  
INSLEE          58     59     60  
LAFALCE          3     33     34     35     36     37  
LANG            93    101    102    103    106    109    114  
LEACH            1      3      6      9     11     13     14     16     20  
                22     25     29     30     31     32     33     37     41  
                46     50     54     67     68     69     70     71     72  
                73     81     82    107    108    109    110    112    113  
MALONEY         13  
NAZARETH        22     36     37     38     39     40     47     48     57  
                58  
PARKINSON       26     30     31     32     33     34     38     43     44  
                45     46     52     57     60     61     62     65     66  
                67     68     70     71  
ROUKEMA          6     46     47     48     49     50     67     73     87  
                93     98    100    101    102    106    113    115  
VENTO           10     41     42     43     44     45     46     63  

CONTENTS    SPEAKERS   INSERTS   
STATEMENT OF HON. GARY GENSLER, UNDER SECRETARY FOR DOMESTIC FINANCE, DEPARTMENT OF THE TREASURY
                                                                 PAGE    16

STATEMENT OF HON. BROOKSLEY BORN, CHAIRPERSON, COMMODITY FUTURES TRADING COMMISSION
                                                                 PAGE    20

STATEMENT OF ANNETTE L. NAZARETH, DIRECTOR, DIVISION OF MARKET REGULATION, SECURITIES AND EXCHANGE 
COMMISSION
                                                                 PAGE    22

STATEMENT OF PATRICK M. PARKINSON, ASSOCIATE DIRECTOR, DIVISION OF RESEARCH AND STATISTICS, BOARD 
OF GOVERNORS, FEDERAL RESERVE SYSTEM
                                                                 PAGE    26

STATEMENT OF GEORGE E. CRAPPLE, VICE CHAIRMAN, MILLBURN RIDGEFIELD CORPORATION, CHAIRMAN, MANAGED 
FUNDS ASSOCIATION
                                                                 PAGE    74

STATEMENT OF DOUGLAS E. HARRIS, ESQ, PARTNER, ARTHUR ANDERSEN LLP
                                                                 PAGE    82

STATEMENT OF JOHN C. COFFEE, JR., PROFESSOR, ADOLF A. BERLE PROFESSOR OF LAW, COLUMBIA UNIVERSITY 
LAW SCHOOL 
                                                                 PAGE    87

STATEMENT OF ROBERT TODD LANG, ESQ., SENIOR PARTNER, WEIL, GOTSHAL & MANGES LLP
                                                                 PAGE    93


INSERTS    SPEAKERS   CONTENTS   
NO INSERTS IN THIS HEARING