Participants discussed Commission proposal on Uncleared Margin.

Participants discussed Commission proposal on Position Limits.

Participants discussed Commission proposal on Position Limits.

Participants discussed Commission proposal on Position Limits, Uncleared Margin, Capital.

Participants discussed Commission proposal on Position Limits.

Participants discussed the Commission proposal on Position Limits and Uncleared Margin.

Topics discussed:


 


--Phase-in of rules, generally


--FX Swaps determination of Treasury Department


--International coordination


--Capital and Margin


--Role of Financial Stability Oversight Council

The meeting participants discussed the Volcker Rule.

The CFTC had a meeting with representatives of Federated Investors, Inc. (Federated) on the topic of the Notice of Proposed Rulemaking for Regulations 1.25 and 30.7. Federated discussed money market mutual funds, including issues related to fund safety, liquidity, and concentration limits.

On March 14, 2011, at 5:00 p.m. EDT, staff of the CFTC Division of Clearing and Intermeidary Oversight (DCIO) and representatives of the FIA participated in a conference call at the request of FIA.  The topic was the novation provision set forth in proposed Regulation 39.12(b)(4)(ii).  To the extent that the proposed rule text may be ambiguous, the FIA was invited to submit a written comment with suggested revised language.