Meeting Date:
Tuesday, July 12, 2011
CFTC Staff:
Phyllis Cela (CFTC)
Barry McCarty (CFTC)
Peter Sanchez (CFTC)
Ted Kneller (CFTC)
Organization(s):
Russell Investments
External Attendees:
Joanne Rutkowski (SEC)
Cindy Oh (SEC)
Brian Golob (Russell Investments)
Ian Toner (Russell Investments)
Lisa Cavallari (Russell Investments)
Erik Strom (Russell Investments)
Additional Information:
The external attendees further discussed the views expressed in the February 18 comment letter. The external attendees also discussed industry practices with respect to the following: (1) conflicts of interest disclosures (2) scenario analyses; (3) daily mark; (4) Special Entity definition and collective investment vehicles; (5) timing of certain disclosures such as term sheets; (6) recommendations; (7) policies and procedures for selecting an investment manager; (8) “independence” of Special Entity representative; and (9) front-running prohibition.
