SPEAKER INDEX CONTENTS INSERTS CHAIRMAN 8 18 19 20 23 25 DINAN 26 39 40 42 49 50 56 57 58 HART 50 51 JONES OF OHIO 7 LACKRITZ 28 38 42 43 44 45 47 48 50 51 52 LAFALCE 3 20 21 22 23 36 MALONEY OF NEW YORK 36 37 38 39 NAZARETH 14 18 19 20 21 25 OLSON 8 18 21 OXLEY 1 5 7 10 14 17 25 PETROU 32 33 37 38 44 45 46 47 50 53 54 55 QUARLES 11 19 22 23 SHADEGG 46 47 48 49 SHAYS 28 32 35 36 39 40 42 43 44 45 46 49 51 52 53 54 55 56 57 58 SHERMAN 5 7 WATT 24 CONTENTS SPEAKERS INSERTS STATEMENT OF HON. MARK OLSON, GOVERNOR, FEDERAL RESERVE BOARD PAGE 8 STATEMENT OF RANDY K.QUARLES, ASSISTANT SECRETARY FOR INTERNATIONAL AFFAIRS, U.S. TREASURY DEPARTMENT PAGE 10 STATEMENT OF ANNETTE NAZARETH, DIRECTOR, DIVISION OF MARKET REGULATION, U.S. SECURITIES AND EXCHANGE COMMISSION PAGE 14 STATEMENTS OF PROFESSOR DESMOND DINAN, JEAN MONNET PROFESSOR OF PUBLIC POLICY, GEORGE MASON UNIVERSITY PAGE 26 STATEMENT OF MARC LACKRITZ PRESIDENT, SECURITIES INDUSTRY ASSOCIATION PAGE 28 STATEMENT OF KAREN SHAW PETROU, MANAGING PARTNER, FEDERAL FINANCIAL ANALYTICS PAGE 33 INSERTS SPEAKERS CONTENTS NO INSERTS IN THIS HEARING