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External Meetings: Telephone Call with Delta Strategy Group
III. Business Conduct Standards w/ Counterparties
Jim Newsome (DSG)
Scott Parsons (DSG)
Delta Strategy Group (DSG)
DSG representatives called on behalf of their state pension fund clients regarding the timing and approach to certification of independent representatives. ~ ~CFTC staff stated that the external Business Conduct Standards rules would likely be considered in fall 2011 and that staff is considering recommending a policies and procedures approach for Special Entities selection of independent representatives based on the statutory criteria, pending any future certification process that NFA or another body might develop.