9:00 a.m.

Opening Statements by SEC and CFTC Staff

• Robert Cook, Director, Division of Trading and Markets, SEC

• Richard Shilts, Director, Division of Market Oversight, CFTC

9:15 a.m.

Panel One – Swap Execution Facilities (“SEFs”) and Security-based Swap Execution Facilities (“SB SEFs”)

• Definition and scope of SEFs/SB SEFs

• Scope of exception from mandatory trading requirement

10:45-11:00 a.m.

Break

11:00 a.m.

Panel Two – Compliance with Core Principles for SEFs and SB SEFs

• Block trades

• Surveillance, investigation, and enforcement of SEF/SB SEF rules

• Cross-market issues

• Obligation of SEFs /SB SEFs to provide impartial access

12:00 p.m.

Roundtable concludes