S.Amdt. 5180

SA 5180. Mr. LIEBERMAN (for himself and Ms. Collins) submitted an amendment intended to be proposed by him to the bill S. 3268, to amend the Commodity Exchange Act, to prevent excessive price speculation with respect to energy commodities, and for other purposes; which was ordered to lie on the table; as follows:

In section 4a(h)(4)(C)(i) of the Commodity Exchange Act (as added by section 6), strike subclause (II) and insert the following:

“(II) Application.--The Commission shall apply the limits imposed under subclause (I) to--

“(aa) any person who executes accounts, agreements, or transactions involving an energy commodity for the own account of the person and to any person for whom an agent in fact or substance executes accounts, agreements, or transactions involving an energy commodity, on a registered entity or in covered over-the-counter trading; and

“(bb) any citizen of the United States who executes accounts, agreements, or transactions involving an energy commodity for the own account of the citizen and to any citizen of the United States for whom an agent in fact or substance executes accounts, agreements, or transactions involving an energy commodity, on a foreign board of trade or trading facility based in a country other than the United States.