WASHINGTON -- House Banking Committee leaders may propose overhauling a suitability provision in their pending derivatives bill when a subcommittee votes on the measure next week, congressional aides said yesterday.

The bill, which was introduced in May by Rep. Henry Gonzalez, D-Tex., the committee chairman, and Rep. Jim Leach, R-Iowa, the committee's ranking Republican, calls for federal regulators to establish comprehensive and consistent standards for the derivatives activities of banks, federal credit unions, and government-sponsored housing agencies.

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