Securities Investors Protection Act Amendments

[AI summary unavailable — showing source text] Securities Investor Protection Act Amendments - Excludes from membership in the Securities Investor Protection Corporation (SIPC) those persons whose head office is located, and whose principal business is conducted, outside the United States. Grants additional power to adopt, amend, or repeal rules and bylaws of the Corporation to its Board of Directors. Provides that matters relating to the determination of dollar volume of trading on exchanges shall no longer be subject to the bylaws of the Corporation. Revises the procedure for the promulgation of rules by the Securities Exchange Commission as filed by the Corporation. States that the minimum assessment imposed upon each member of the Corporation shall be $25 per year for the three years after the date of enactment of this Act. Authorizes the Securities Investor Protection Corporation to maintain confirmed lines of credit outside of the balance of its Fund, but allows disbursement of amounts received from such lines of credit as though they were a part of the Fund. Expands the term "gross revenues from the securities business" ( for purposes of determining assessments to be paid by its members to the Corporation) to include spe…