washington u.s. house representatives thursday pass bill require country top securities regulator add cost follow new rule put force part republican push reform federal bureaucracy vote 243-183 chamber pass bill largely along party line would also require u.s. securities exchange commission periodically review exist rule whether buy car choose college save plan every american family weigh pros con make major life decisions say representative ann wagner missouri republican sponsor bill legislation simply require commission engage process justify benefit propose regulation outweigh cost say time house pass bill require commodity futures trade commission country derivatives regulator assess cost benefit propose regulations order cftc legislation also tread two long-standing dispute bar sec low dollar-amount threshold require swap dealers register currently bar billion move drop billion also restrict commission limit position traders hold commodity market cftc push finalize limit include 2010 dodd-frank wall street reform law prevent fraud manipulation republicans concern hurt farmers small businesses republican lawmakers control congress eager ease regulation undo rule enact president barack obama democrat nonetheless democrats hold enough seat u.s. senate block sec cftc legislation nine democrats house vote sec bill seven cftc bill single republican north carolina walter jones vote bill u.s. house approve bill financial regulation cost