Meeting Date:
Friday, September 7, 2012
CFTC Staff:
Gary Gensler
Laura Astrada
Richard Haynes
Andrei Kirilenko
Stephen J. Obie
Robert B. Wasserman
Organization(s):
AQR Capital Management, LLC
Brevan Howard, Inc.
Citadel LLC
Convexity Capital Management
D.E. Shaw & Co.
Eton Park Capital Management, LP
HBK Capital Management
King Street Capital Management, LP
MFA
External Attendees:
Trey Beck, D.E. Shaw & Co.
Darcy Bradbury, D.E. Shaw & Co.
Ted MacDonald, D.E. Shaw & Co.
Janna Stern, D.E. Shaw & Co.
Debbie Coleman, Convexity Capital Management
Adam Cooper, Citadel LLC
Rupert Cox, Brevan Howard, Inc.
David Hong, King Street Capital Management, LP
Boris Liberman, AQR Capital Management, LLC
Kim Rozman, HBK Capital Management
Serge Todorovich, Eton Park Capital Management, LP
Stuart Kaswell, MFA
Carlotta King, MFA
Additional Information:
Participants discussed: (i) implementation phase-in; (ii) extraterritoriality and cross border coordination; (iii) SEF and block rules issues; (iv) straight-through processing; (v) documentation; (vi) segregation of collateral (LSOC); and (vii) how contingent SEFs must be included in the de minimis exception calculation for determining whether an entity must register as a swap dealer.
