Font Size: AAA // Print // Bookmark


  • Agenda for Joint SEC-CFTC Roundtable to Discuss Issues Related to Capital and Margin for Swaps and Security-Based Swaps
    Three Lafayette Centre
    1155 21st Street, NW
    Washington, DC 20581

    December 10, 2010

    1:00 p.m.

    Opening Statements by CFTC and SEC Staff

    1:15 p.m. – 3:00 p.m.

    Panel One: Margin


      • Margin methodologies and margin requirements for uncleared swaps (including initial and variation margin).

      • Portfolio margining.

      • Margin and end-users.

      • Requirements for form and location of collateral including issues related to portfolio margining.

      Legacy swap agreements, such as pre-existing swaps and security-based swaps.

    3:00 p.m. – 3:15 p.m.


    3:15 p.m. – 5:00 p.m.

    Panel Two: Capital


      • Establishing capital requirements for jointly registered entities, including broker-dealers, futures commission merchants, swap dealers, security-based swap dealers, major swap participants, and major security-based swap participants.

      • Non-financial firms registered as swap entities.

      • Methods for computing regulatory capital, including models (proprietary and standardized) and standard haircuts.

      • Capital requirements for legacy swap positions.

      Capital requirements for major swap participants and major security-based swap participants.

    5:00 p.m.

    Roundtable concludes

    Last Updated: December 6, 2010