On the recordMarch 9, 2017
I have amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: Page 4, line 12, strike ``of,'' and all that follows through line 15, and insert ``or employee of''. Page 4, insert after line 19 the following: ``(d) Exception.--This section shall not apply to a private action brought as a class action that is subject to section 27(a) of the Securities Act of 1933 (15 U.S.C. 77z-1(a)) or section 21D(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78u-4(a)).''. Page 8, line 14, add at the end the following: ``This section shall not apply to a private action brought as a class action that is subject to section 27(a) of the Securities Act of 1933 (15 U.S.C. 77z-1(a)) or section 21D(a) of the Securities Exchange Act of 1934 (15 U.S.C. 78u- 4(a)).''. Page 9, line 6, strike ``amended--'' and all that follows through line 12 and inserting the following: ``amended by inserting after subsection (e) the following:''. Page 9, line 13, strike ``(d)'' and insert ``(f)''. Page 9, line 16, insert ``commenced in a State court'' before ``in which''. Page 10, line 2, strike ``defendants'' and insert ``plaintiffs''. Page 10, line 3, strike ``plaintiffs'' and insert ``defendants''. Page 10, line 9, strike ``The court'' and insert ``Except as provided in paragraph (4), the court''.…





