Meeting Date:
Tuesday, May 10, 2011
CFTC Staff:
Terry Arbit
David Aron
Mark Fajfar
Julian Hammar
Organization(s):
Sutherland
External Attendees:
Stephen Roth (Sutherland)
Fredrick Bellamy (Sutherland)
Additional Information:
Participants discussed the proposed product definitions rulemaking, and in particular focused on the exclusion for insurance from the swap definition contained in the proposed rule text and interpretive guidance. Issues discussed included the structure of the proposed exclusion as rule text and guidance, and the scope of the guidance excluding life insurance and annuities from the swap and security-based swap definitions.