Reminder: Public Meeting November 10th

WHAT: CFTC to hold Public Meeting on Fourth Series of Proposed Rules. Topics  to be discussed:

1) Registration of Foreign Boards of Trade

2) Registration of swap dealers and major swap participants

3) Implementation of the Whistleblower provisions of Section 23 of the Commodity Exchange Act

4) Establishing and governing the duties of swap dealers and major swap participants

5) Two proposed rules regarding the implementation of conflict-of-interest policies and procedures by futures commission merchants, introducing brokers, swap dealers and major swap participants

6) Designation of a chief compliance officer, required compliance policies and annual reports of futures commission merchant, swap dealers and major swap participants

 

BENEFIT OF PARTICIPATING: Market participants will gain insight into the registration and regulatory structure for swap dealers, major swap participants and futures commission merchants, as well as the extraterritorial jurisdictional issues related to foreign boards of trade.

WHO MAY BE INTERESTED IN PARTICIPATING: Legal, compliance, treasury and risk management functions, as well as institutional client representatives (sales coverage), of

a) Futures commission merchants, introducing brokers, swap dealers and major swap participants

b) Asset managers and their institutional clients

c) Energy and agricultural traders or physical commodity traders

d) Clearinghouses (i.e., DCO’s and clearing agencies)

e) Swap execution facilities (SEFs)

f) Futures exchanges based outside of the U.S. and non-U.S. based traders

g) Anybody who aspires to be a CCO of an FCM, SD or MSP

h) Members of the bar who will bring whistleblower actions in respect of derivatives or defending derivatives industry stakeholders in such actions

Bottom line: If you trade or deal in derivatives (or someday expect to trade or deal in derivatives), then you probably have an interest in the topics that will be covered by this roundtable since it will discuss registration and governing duties of swap dealers and major swap participants.

DATE: November 10th

TIME: 1:00 p.m. to 4:00 p.m. EST

HOW TO PARTICIPATE (According to CFTC website):

Watch a live broadcast of the meeting via webcast on www.cftc.gov

OR Dial in at

US Toll-Free: 1-877-951-7311 (Non U.S.-Dial Information available at cftc.gov)
• Passcode: 6960577

The Swap Report thanks Jennifer Dulski of Reed Smith for this reminder.