WHAT: CFTC-SEC Joint Roundtable on Clearing of Credit Default Swaps. Topics  to be discussed:

1) Products and Processing,  including reporting to swap data repositories

2) Clearing Initiatives, including effect of clearing mandates

BENEFIT OF PARTICIPATING: Good "level setting" course on current state of CDS markets and expected effect of Dodd-Frank on those markets

WHO MAY BE INTERESTED IN PARTICIPATING: Documentation, legal, compliance and trade ops professionals involved in  

a) Establishment of CDS trading relationships (ISDA negotiators, lawyers, etc.)
b) Processing CDS trades
c) Maintenance of a blog called The Swap Report (Did you catch that? It was humor.) 

DATE: October 22nd

TIME: 9:00 a.m. – 12:00 p.m. EST

HOW TO PARTICIPATE (According to SEC website):

  • U.S./Canada Toll-Free: 866-844-9416
  • International Toll: 1-203-369-5026

    Passcode: 8693978

WHAT DO I NEED TO DO ABOUT IT RIGHT NOW?

Absolutely nothing, which just feels about right on a Friday afternoon.

Good weekend – From your friends at TSR.