From:
Ex Parte Communication
Organization(s):
Blue Mountain Capital Management LLC (Blue Mountain)
Citadel, Delta Strategy Group (Delta)
D.E. Shaw Group (D.E. Shaw)
DRW Trading Group (DRW)
Tudor Investment Corporation (Tudor)
Comment Text:
Meeting Regarding Comments on Proposed Risk Management Requirements for DCOs; Processing, Clearing and Transfer of Customer Positions; and Implementation and Sequencing of Final Rules
Friday, April 15, 2011
Memo from
DeBord, Jon M
CFTC Staff :
Gary Gensler
Phyllis Dietz
Sarah Josephson
John Lawton
Amanda Olear
Kevin Walek
Robert Wasserman
External Attendees :
David Rubenstein (Blue Mountain Capital Management LLC)
Adam Cooper (Citadel)
Randall Costa (Citadel)
Scott Parsons (Delta Strategy Group)
Darcy Bradbury (D.E. Shaw Group)
Jeffrey Levoff (DRW Trading Group)
John Macfarlane, III (Tudor Investment Corporation)
Additional Information :
On April 15, 2011, at 1:00 p.m. EDT, Chairman Gensler and Commission staff participated in a meeting with representatives of Blue Mountain, Citadel, Delta, D.E. Shaw, DRW and Tudor. Topics discussed included implementation and sequencing of Dodd-Frank final rules, open access to derivatives clearing organizations, straight-through processing for cleared swaps, margin requirements for cleared swaps, segregation of collateral for cleared swap positions, and the process for mandatory clearing determinations. Industry representatives provided several documents (attached).
