McCain, who is also from a border state, railed on the Senate floor against claims that their bill did too little on border security, pointing out the increases in funding and border requirements already in the bill.
Flake said the border requirements in the framework should not be interpreted as an attempt to block or delay visas to immigrants, particularly because there's already proof in Arizona that the border can get to operational security.
Although undocumented immigrants would be able to quickly gain provisional immigration status, they could not gain green cards until a 10-year period has passed and the border requirements have been met.
During a speech Tuesday on immigration reform, Obama said he would require undocumented immigrants to go through a process to receive legal status and called for tighter border security and more enforcement, but did not propose any border requirements before immigrants could earn visas.
The S.E.C., which has jurisdiction over a much smaller share of derivatives trading than Mr. Gensler's agency, is scheduled to consider a narrower cross-border requirement on Wednesday.
The original e-borders requirement – to record advanced passenger information for checking against terrorist and crime watchlists – was being delivered, the home secretary said.
Mr. Gensler also circulated a plan to commissioners this week that would phase in the cross-border requirements over time.
These cross-border requirements are presumably triggered by a morally mandatory beneficence requirement that gives special priority to helping people, the worse off they are, or by a luck egalitarian principle such as the following: It is morally bad unjust and unfair if some are worse off than others through no fault or choice of their own.
Mr. Paul's amendment would have created a series of stricter border security requirements and required Congress to vote every year for five years that it believed the border was secure, before immigrants could continue on their path to legalization.
Wallace begins by pointing out that the OctoGäng's border security requirement is very tough, perhaps impossibly so, perhaps because the point is to make it impossible, so that all of this becomes activity without achievement.
Further, foreign branches of American banks engaged in cross-border transactions would be subject to American capital and margin requirements established by United States banking regulators as well as the appropriate S.E.C. requirements for their transactions.
