Political Quotes

On the recordMarch 7, 2012
Mr. Chairman, I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 11, line 12, strike ``paragraph (10) of this subsection and''. Page 11, line 16, insert after the period the following: ``Any such research report published or distributed by a broker or dealer that is participating or will participate in the registered offering of the securities of the issuer shall be filed with the Commission by the later of the date of the filing of such registration statement or the date such report is first published or distributed. Such research report shall be deemed a prospectus under paragraph (10).''. Page 13, line 18, after the first period insert the following: ``Any written communication (as such term is defined in section 203.405 of title 17, Code of Federal Regulations) provided to potential investors in accordance with this subsection shall be filed with the Commission by the later of the date of the filing of such registration statement or the date the written communication is first engaged in. Such written communication shall be deemed a prospectus under section 2(a)(10).''. The Acting CHAIR. Pursuant to House Resolution 572, the gentlewoman from California (Ms. Waters) and a Member opposed each will control 5 minutes. The Chair recognizes the gentlewoman from California.
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Maxine Waters
Democratic · California

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