Meeting Date:
Wednesday, May 4, 2011
CFTC Staff:
Tom Smith
Thelma Diaz
Jennifer Bauer
Organization(s):
Reval
LTD Group (LTD)
External Attendees:
Jiro Okochi (Reval)
Mike Haywood (LTD)
Additional Information:
External participants asked questions about when swap dealers would be required to collect margin from counterparties under recently proposed CFTC rules, and raised the potential for increased legal costs for commercial end-users if they and their swap dealers must document credit support annex.
