External Meetings: Meeting with European Commission

During this meeting, open access rules for clearing houses, exemptions for pension funds from the clearing mandate, trade repositories and access to data and extraterritorial application of Dodd Frank were discussed. Calvino and Gensler discussed the similarities and differences in the EC and US proposed approaches to these issues.  They also discussed the need for cooperation and harmonization on regulatory approaches and implementation.
II. Definitions

VII. DCO Core Principles

XI. End-user Exception

XVI. Swap Data Repositories Registration

CFTC Staff
Gary Gensler and Jacqueline Mesa
Nadia Calvino (Deputy Director-General, DG Internal Market, European Commission) and and Patrick Pearson (Head of Financial Markets Infrastructure, European Commission)
European Commission