Comment Text:
Definitions Meeting with Athilon
Monday, April 18, 2011
Memo from
Fajfar, Mark
CFTC Staff :
Mark Fajfar
Anuradha Banerjee
Thelma Diaz
Steve Kane
Greg Kuserk
Somi Seong
Lee Ann Duffy
David Aron
Julian Hammar
External Attendees :
Patrick Gonzalez (Athilon)
Joseph Bauman (Athilon)
Yuri Okumura (Athilon)
Dennis Sullivan (Sullivan & Cromwell)
Josh Kans (SEC)
Jeff Dinwoodie (SEC)
Richard Grant (SEC)
Additional Information :
The meeting discussed the issues covered in Athilon's comment letter dated Feb. 17, 2011 (Comment No. 27735). Athilon elaborated on its proposal that credit derivative product companies (CDPCs) be excluded from the definition of major swap participant. The meeting also discussed the general characteristics and activities of CDPCs.