Meeting Date:
Friday, May 29, 2020
CFTC Staff:
Chairman Heath Tarbert
Daniel Grimm
Organization(s):
Goldman Sachs
Morgan Stanley
Nomura
BP
IIB
ISDA
SIFMA
Cleary Gottlieb Steen & Hamilton LLP
External Attendees:
Thomas Favia, Managing Director, Goldman Sachs
Andres Nash, Executive Director, Morgan Stanley
Christy Schaffner, Executive Director, Head of US Regulatory Reporting, Nomura
Jennifer Minnis, Managing Counsel, BP
Briget Polichene, CEO, IIB
Stephanie Webster, General Counsel, IIB
Lisa Galletta, Director of Risk and Capital in the US., ISDA
Panayiotis Dionysopoulos, Director, Head of Capital, ISDA
Olivier Miart, Head of Analytics, ISDA
Chris Young, Head of US Public Policy, ISDA
Ken Bentsen, President and CEO, SIFMA
Kyle Brandon, Managing Director, Director of Derivatives Policy, SIFMA
Kevin Zambrowicz, Managing Director, Associate General Counsel, SIFMA
Colin Lloyd, Partner, Cleary Gottleib Steen & Hamilton LLP
Additional Information:
Discussion regarding the swap dealer capital rule, including how the risk margin amount could be calculated, the inclusion of liquidity requirements, and the implementation schedule. The attached comment letter sets forth the topics in greater detail.
