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Ex Parte Meeting for Proposed Rule 77 FR 31767

  • Title:
    Meeting with FIA on Position Limits Aggregation

    Ex Parte No: 746
    Date: 12/12/2012

    Meeting Date:

    Wednesday, December 12, 2012

    CFTC Staff:

    Riva Adriance


    Steve Sherrod


    David Pepper


    Hannah Ropp 


    Lee-Ken Choo


    Lee Ann Duffy


    Mark Fajfar


    Eric Juzenas 


    Dave Kass

    Organization(s):

    Futures Industry Association (FIA)
    Barclays Capital
    Morgan Stanley
    Citi
    Credit Suisse
    Vitol
    Cadwalader

    External Attendees:

    Barbara Wierzynski (Futures Industry Association) 


    Alexandra Guest (Barclays Capital)


    William McCoy (Morgan Stanley)


    Bob Klein (Citi)


    Sebastian Tiger (Credit Suisse)


    Ron Oppenheimer (Vitol)


    Paul Pantano (Cadwalader)
    Neal Kumar (Cadwalader)

    Additional Information:

    The meeting discussed points made in FIA's comment letter on the aggregation rule proposal for position limits, including in light of the court decision on the position limits rule.  The meeting also discussed the treatment of certain transactions, such as basis swaps, under the bona fide hedging rules.

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