External Meetings: Conversation at Congressional Hearing

During a break in a Congressional hearing, the participants discussed the timetable for the phase-in of the application of the CFTC's regulations promulgated to implement the requirements of Dodd-Frank Act, including the requirements applicable to swap dealers, and recordkeeping and real-time reporting requirements.  The participants discussed potential criteria for the CFTC to use in determining how to phase-in these requirements.  Chairman Gensler encouraged the submission of industry views on this issue.
I. Registration

II. Definitions

III. Business Conduct Standards w/ Counterparties

IV. Business Conduct Standards - Internal

V. Capital & Margin

XVII. Data Recordkeeping

XVIII. Real Time Reporting

CFTC Staff
Gary Gensler, Dan M. Berkovitz
Jim Allison (ConocoPhillips), Michael Sweeney (Hunton & Williams), Michael Menezes (Hunton & Williams)
Working Group of Commercial Energy Firms