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Comment for Proposed Rule 75 FR 63080

  • From: Ex Parte Communication
    European Commission

    Comment No: 35372
    Date: 3/22/2011

    Comment Text:

    Meeting with European Commission

    Tuesday, March 22, 2011

    Memo from
    Banerjee, Anuradha

    CFTC Staff :
    Gary Gensler and Jacqueline Mesa

    External Attendees :
    Nadia Calvino (Deputy Director-General, DG Internal Market, European Commission) and and Patrick Pearson (Head of Financial Markets Infrastructure, European Commission)

    Additional Information :
    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.

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