S.Amdt. 3900Senate111th Congress (2009-2011)2nd degree
S.Amdt. 3900
Sponsored by
Sen. Jeff Bingaman (D-NM)
Submitted May 6, 2010
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Senate amendment submitted
May 6, 2010
Text
Submitted
SA 3900. Mr. BINGAMAN submitted an amendment intended to be proposed to amendment SA 3739 proposed by Mr. Reid (for Mr. Dodd (for himself and Mrs. Lincoln)) to the bill S. 3217, to promote the financial stability of the United States by improving accountability and transparency in the financial system, to end ``too big to fail'', to protect the American taxpayer by ending bailouts, to protect consumers from abusive financial services practices, and for other purposes; which was ordered to lie on the table; as follows: On page 100, line 23, strike ``and'' and all that follows through ``(G) any'' on line 24 and insert the following: (G) net potential obligations to third parties in connection with credit derivative transactions between the nonbank financial company supervised by the Board of Governors or a bank holding company described in subsection (a) and the third parties that reference the company or obligations of the company; and (H) any ______