I will enter into the Record the amendment that I would have offered had they not come up with a closed rule. Page 5, strike line 1 and all that follows through page 7, line 6, and insert the following: (d) General Application to Foreign Jurisdictions.-- (1) General application.--In issuing rules under subsection (b), the Commissions shall provide that persons in compliance with the regulatory requirements of a country or administrative region that has one of the nine largest combined swap and security-based swap markets by notional amount in the calendar year preceding issuance of such rules or any other foreign jurisdiction as jointly determined by the Commissions may satisfy the corresponding categories of United States swaps requirements through such compliance upon the making of a joint determination by the Commissions pursuant to subsection (d)(2).…
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