August 20, 2010

Statement of Chairman Gary Gensler on CFTC/SEC Public Roundtable to Discuss Governance and Conflicts of Interest in the Clearing and Listing of Swaps

Commodity Futures Trading Commission Chairman Gary Gensler today commented on the joint CFTC-SEC Public Roundtable to Discuss Governance and Conflicts of Interest in the Clearing and Listing of Swaps.

Chairman Gensler said:

“Today’s public roundtable will help us as we move forward to write rules on the important matters of governance of clearinghouses and trading facilities and how to best protect their decision making from conflicts of interest. I thank the CFTC and SEC staffs who worked cooperatively and constructively to plan and execute today’s roundtable. We will continue to collaborate closely with the SEC and other Federal regulators as we draft rules to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act. We look forward to hosting several more roundtables along with the SEC on other important matters related to the Act.”

Last Updated: August 20, 2010