External Meetings: Meeting Regarding Comments on Proposed Risk Management Requirements for DCOs; Processing, Clearing and Transfer of Customer Positions; and Implementation and Sequencing of Final Rules

On April 15, 2011, at 1:00 p.m. EDT, Chairman Gensler and Commission staff participated in a meeting with representatives of Blue Mountain, Citadel, Delta, D.E. Shaw, DRW and Tudor. Topics discussed included implementation and sequencing of Dodd-Frank final rules, open access to derivatives clearing organizations, straight-through processing for cleared swaps, margin requirements for cleared swaps, segregation of collateral for cleared swap positions, and the process for mandatory clearing determinations. Industry representatives provided several documents (attached).
When
Rulemaking(s)
VI. Segregation and Bankruptcy

VII. DCO Core Principles

VIII. Process for Review of Swaps

CFTC Staff
Gary Gensler

Phyllis Dietz

Sarah Josephson

John Lawton

Amanda Olear

Kevin Walek

Robert Wasserman
Visitor(s)
David Rubenstein (Blue Mountain Capital Management LLC)

Adam Cooper (Citadel)

Randall Costa (Citadel)

Scott Parsons (Delta Strategy Group)

Darcy Bradbury (D.E. Shaw Group)

Jeffrey Levoff (DRW Trading Group)

John Macfarlane, III (Tudor Investment Corporation)
Organization(s)
Blue Mountain Capital Management LLC (Blue Mountain)

Citadel, Delta Strategy Group (Delta)

D.E. Shaw Group (D.E. Shaw)

DRW Trading Group (DRW)

Tudor Investment Corporation (Tudor)