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Comment for Proposed Rule 76 FR 16587

  • From: Ex Parte Communication
    Organization(s):
    European Parliament

    Comment No: 35350
    Date: 3/22/2011

    Comment Text:

    Meeting with European Parliament Rapporteur for the Regulation on OTC Derivatives, Central Counterparties and Trade Repositories

    Tuesday, March 22, 2011

    Memo from
    Fajfar, Mark

    CFTC Staff :
    Gary Gensler
    Jacqueline H. Mesa

    External Attendees :
    Werner Langen

    Additional Information :
    This meeting with Member of the European Parliament Werner Langen, Rapporteur for the Regulation on OTC Derivatives, Central Counterparties and Trade Repositories, discussed open access rules for clearing houses, exemptions for pension funds from the clearing mandate, real time reporting, and extraterritorial application of Dodd Frank.  Langen and Gensler discussed the similarities and differences in the EC and US proposed approaches to these issues.  They also discussed the need for cooperation and harmonization on regulatory approaches and implementation.

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