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External Meetings: meeting with REVAL
III. Business Conduct Standards w/ Counterparties
V. Capital & Margin
Jiro Okochi (Reval)
Mike Haywood (LTD)
LTD Group (LTD)
External participants asked questions about when swap dealers would be required to collect margin from counterparties under recently proposed CFTC rules, and raised the potential for increased legal costs for commercial end-users if they and their swap dealers must document credit support annex.