Release Number 5924-10

October 15, 2010

CFTC Staff to Host Public Roundtable to Discuss Individual Customer Collateral Protection

Washington, DC — Staff of the Commodity Futures Trading Commission (CFTC) will hold a public roundtable on October 22, 2010, from 1:00 p.m. to 4:00 p.m., to discuss issues related to individual customer collateral protection. The roundtable will assist the CFTC in the rulemaking process to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The roundtable will be held in the Lobby Level Hearing Room at the CFTC’s Headquarters, Three Lafayette Centre, 1155 21st Street, NW, Washington, D.C. The discussion will be open to the public with seating on a first-come, first-served basis. Members of the public may also listen by telephone and should be prepared to provide their first name, last name and affiliation.

Listening information:

  • US Toll-Free: 866-844-9416
  • International Toll: 1-203-369-5026
  • Passcode: 8693978

A transcript of the public roundtable discussion will be published on the CFTC’s website at: /LawRegulation/DoddFrankAct/OTC_6_SegBankruptcy.html.

Members of the public wishing to submit their views on the topics addressed at the roundtable may email their submissions to [email protected]. All emails must reference Dodd-Frank Individual Customer Collateral Protection Roundtable in the subject field.

All submissions provided to the CFTC in any electronic form or on paper may be published on the Commission’s website, without review and without removal of personally identifying information.

Agenda for the Public Roundtable Discussion:

1:00 p.m.

First Session

  • What are the concerns of customers?
  • What models might meet these concerns?
  • What infrastructure changes would be necessary to implement such models?
  • Firms.
  • Clearinghouses.
  • How should the cost of such infrastructure changes be measured?

2:30 p.m.


2:50 p.m.

Second Session

  • What changes to financial resources [e.g., performance bond, guaranty funds] would need to be implemented to address the changes in the risk environment that would follow as a result of implementing such models?
  • How can such risk issues best be mitigated?
  • How can the related costs be fairly analyzed and estimated

4:00 p.m.

Roundtable concludes.

Last Updated: October 21, 2010