Release Number 6044-11

May 26, 2011

CFTC Staff to Host Public Roundtable to Discuss Swap Data Recordkeeping and Reporting Requirements

Washington, DC – Staff of the Commodity Futures Trading Commission (CFTC) will hold a public roundtable on June 8, 2011, from 1:00 pm to 5:00 pm to discuss technical aspects of implementing infrastructures for issuance and maintenance of Unique Product Identifiers (UPIs), as they apply to CFTC’s proposed swap data recordkeeping and reporting rules, as well as other CFTC proposed rules, with a focus on the products and entities under the Commission’s jurisdiction. The roundtable will assist the CFTC in the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The Unique Product Identifier (UPI) proposed by the Commission in the swap data recordkeeping and reporting rulemaking (Part 45) would categorize swaps according to the underlying products referenced in them. While the UPI would be assigned to a particular level of the taxonomy of the asset class or sub-asset class in question, its existence would enable the Commission and other regulators to aggregate transactions at various taxonomy levels based on the type of product underlying the swap.

Issues to be addressed at the Public Roundtable include:

  • Discussion about the existing systems of swap product classification and identification currently available.
  • Coordination among various industry product classification and identification work-streams for the purpose of achieving a universal method to describe and classify swap products.
  • Implementation of a universal system of swap product classification and identification for the purpose of meeting various CFTC requirements.

The roundtable will be held in the Conference Center at the CFTC’s Headquarters, Three Lafayette Centre, 1155 21st Street, NW, Washington DC. 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: 1-866-844-9416
International Toll:
See Related Document

Members of the public wishing to submit their views on the topic addressed at the roundtable may submit their comments, referencing “RIN No. 3038-AD19: Dodd-Frank Swap Data Roundtable” in the subject field, by any of the following methods (please use only one method):

  • Agency Web site, via its Comments Online process: Follow the instructions for submitting comments through the Web site.
  • Mail: David A. Stawick, Secretary of the Commission, Commodity Futures Trading Commission, Three Lafayette Centre, 1155 21st Street, NW., Washington, DC 20581.
  • Hand Delivery/Courier: Same as mail above.
  • Federal eRulemaking Portal: Follow the instructions for submitting comments.

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

Last Updated: June 1, 2011