; (3) in paragraph (4)(B), by adding at the end the following: A swap execution facility shall be responsible for monitoring trading in swaps only on its own facility. ; (4) in paragraph (6)(B)— (A) by striking shall— and all that follows through compliance with the and insert shall monitor the trading activity on its facility for compliance with any ; and (B) by adding at the end the following: A swap execution facility shall be responsible for monitoring positions only on its own facility. ; (5) in paragraph (8), by striking to liquidate and all that follows and inserting to suspend or curtail trading in a swap on its own facility. ; (6) in paragraph (13)(B), by striking 1-year period, as calculated on a rolling basis and inserting 90-day period, as calculated on a rolling basis, or conduct an orderly wind-down of its operations, whichever is greater ; and (7) in paragraph (15)— (A) in subparagraph (A), by adding at the end the following: The individual may also perform other responsibilities for the swap execution facility. ; (B) in subparagraph (B)— (i) in clause (i), by inserting , a committee of the board, after directly to the board ; (ii) by striking clauses (iii) through (v) and inserting the following: (iii) establish and administer policies and procedures that are reasonably designed to resolve any conflicts of interest that may arise; (iv) establish and administer policies and procedures that reasonably ensure compliance with this Act and the rules and regulations issued under this Act, including rules prescribed by the Commission pursuant to this section; and ; and (iii) by redesignating clause (vi) as clause (v); (C) in subparagraph (C), by striking (B)(vi) and inserting (B)(v) ; and (D) in subparagraph (D)— (i) in clause (i)— (I) by striking In accordance with rules prescribed by the Commission, the and inserting The ; and (II) by striking and sign ; and (ii) in clause (ii)— (I) in the matter preceding subclause (I), by inserting or senior officer after officer