External Meetings: Conference call with Chatham Financial

The potential burden of reporting all ISDA terms and lack of benefit commensurate with it~Cases where end-users could potentially be the reporting entities:~- U.S. end-users entering into transactions with foreign swap dealers~- Inter-affiliate transactions under the same corporate umbrella (centralized treasury)~- Frequency and reporting burden if end-users were the reporting entities~- Particularly, how collateral would have to be reported~- Daily frequency would be difficult for the lack of existing infrastructure and cost of implementing new infrastructure