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Ex Parte Meeting for Proposed Rule 75 FR 67277

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  • Title:
    Meeting with BlackRock

    Ex Parte No: 560
    Date: 4/2/2012

    Meeting Date:

    Monday, April 2, 2012

    CFTC Staff:

    Gary Gensler


    Sarah Josephson


    Brian O'Keefe


    Phyllis Cela

    Organization(s):

    BlackRock

    External Attendees:

    Richie Prager


    Supurna VedBrat

    Additional Information:

    Issues discussed: client clearing experience and insight with onboarding; indemnity requirements of DCOs and FCMs; know-your-customer requirements for cleared swaps; responsibility for maintaining credit limits and use of central hub to provide real-time credit checks; documentation for ERISA plans and Department of Labor exemption; compression of clearing client trades; and possible new classes of membership for self-clearing.

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