S.Amdt. 3963

SA 3963. Mr. BROWN of Massachusetts 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 387, line 15, strike ``by rule'' and all that
follows through page 387, line 3 and insert the following:
``by rule, adjust the financial threshold for an accredited
investor, as set forth in the rules of the Commission under
the Securities Act of 1933, not less frequently than once
every 5 years, to reflect the percentage increase in the cost
of living following the date of enactment of this Act.''.
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