External Meetings: meeting with BP

When:

9/7/2011 10:00 AM

Rulemaking(s):

V. Capital & Margin

CFTC Staff:

Thelma Diaz

John Lawton

John Paul Rothenberg

Paul Schlichting

Visitor(s):

Edgar Castro (NAGP)

Vincent Johnson (BP)

Steve Provanzano (NAGP)

Ken Robinson (NAGP)

Organization(s):

BP (BP)

North America Gas & Power (NAGP)

Representatives from BP companies asked for clarification about market risk and credit risk calculations under proposed capital rules for nonbank swap dealers. CFTC staff responses included providing copy of Federal Reserve guidance at ~http://fraser.stlouisfed.org/publications/frb/page/31359/4294/download/31359.pdf~at pages 959-960.