External Meetings: Meeting with ISDA

When:

5/30/2012 4:15 PM

Rulemaking(s):

VII. DCO Core Principles

IX. Governance & Possible Limits

XI. End-user Exception

XIII. SEF Registration

CFTC Staff:

Gary Gensler

Stephen Obie

Steven Adamske

Visitor(s):

Bob Pickel, ISDA

Steve O'Connor, Morgan Stanley

Ted McDonald, DE Shaw

Gerhard Seebacher, Bank of America/Merrill Lynch

Keith Bailey, Barclay's

Organization(s):

ISDA

Morgan Stanley

DE Shaw

Bank of America/Merrill Lynch

Barclay's

Discussions concerned (i) cross-border issues/extraterritoriality (inter-affiliate transactions and bank branches), (ii) end-user exception, (iii) implementation phase-in, (iv) block trading issues, and (v) clearing vs. trading.