Measures Introduced: Ten bills and three resolutions were introduced, as follows: S. 593-602, S. Res. 62-63, and S.J. Res. 10.
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Competitive Market Supervision Act: Senate passed S. 143, to amend the Securities Act of 1933 and the Securities Exchange Act of 1934, to reduce securities fees in excess of those required to fund the operations of the Securities and Exchange Commission, to adjust compensation provisions for employees of the Commission, after agreeing to the committee amendment in the nature of a substitute, and the following amendments proposed thereto:
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Gramm Amendment No. 142, to require a study to be conducted by the Securities and Exchange Commission for the purpose of determining the extent to which reductions in fees are passed on to investors.
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Gramm Amendment No. 143, to provide for a demonstration project under title 5, United States Code, relating to compensation of employees of the Securities and Exchange Commission.

8:59AM - 6:41PM ETSenate Session