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External Meetings: Conversation at Congressional Hearing
Rulemaking(s):
I. Registration
II. Definitions
III. Business Conduct Standards w/ Counterparties
IV. Business Conduct Standards – Internal
V. Capital & Margin
XVII. Data Recordkeeping
XVIII. Real Time Reporting
General
CFTC Staff:
Gary Gensler, Dan M. Berkovitz
Visitor(s):
Jim Allison (ConocoPhillips), Michael Sweeney (Hunton & Williams), Michael Menezes (Hunton & Williams)
Organization(s):
Working Group of Commercial Energy Firms
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During a break in a Congressional hearing, the participants discussed the timetable for the phase-in of the application of the CFTC's regulations promulgated to implement the requirements of Dodd-Frank Act, including the requirements applicable to swap dealers, and recordkeeping and real-time reporting requirements. The participants discussed potential criteria for the CFTC to use in determining how to phase-in these requirements. Chairman Gensler encouraged the submission of industry views on this issue.