SecondCor521
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Your interpretation would certainly be make it a non-event for me and I admit I am in over my head trying to understand the bill. But reading the text of the bill I quoted above seemed to prohibit the entire transaction? Is there an expert analysis somewhere on this point (just occurred to me that you are thefinancebuff.com proprietor - I read that site regularly and thanks for the feedback! )
I'm an amateur, but my reading of the bill from a few weeks ago agrees with yours - the entire transaction would be prohibited for everyone.
But the bill has gone through several iterations and will probably go through at least a couple more, and several of those have been major revisions, so personally I'm just waiting to see what happens before getting too concerned about whatever is in the bill.
Of course, if people feel strongly they should let their elected representatives know their opinion. I already know that my elected Congressional representatives will be voting the way I want them to, so this is a NOP for me.