Comment Text:
Telephone Call with Ed Rosen
Wednesday, March 16, 2011
Memo from
Berkovitz, Dan M
CFTC Staff :
Dan M. Berkovitz, Terry Arbit, Carl Kennedy, Bill Banwo, Warren Gorlick
External Attendees :
Ed Rosen (Cleary Gottlieb Steen & Hamilton), Brian Bussey (US Securities & Exchange Commission)
Additional Information :
CFTC and SEC representatives provided an update on status of consideration of IIB's letter regarding potential registration and regulations pertaining to foreign banks. Mr. Berkovitz stated that IIB's letter was being given serious consideration.