"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Wednesday, January 11, 2012

CFTC Hearing (Video)

Click For Video

1. Opening Statements
Chairman Gary Gensler
Commissioner Jill Sommers
Commissioner Bart Chilton
Commissioner Scott D. O’Malia
Commissioner Mark Wetjen

2. Presentation #1: Final Rule on Protection of Cleared Swaps Customer
Contracts and Collateral: Conforming Amendments to the Commodity Broker
Bankruptcy Provisions
Bob Wasserman, Division of Clearing and Risk
Laura Astrada, Division of Clearing and Risk
Martin White, Office of General Counsel
Ananda Radhakrishnan, Division of Clearing and Risk
Motion/Commissioner Discussion of Rule/Vote

3. Presentation #2: Final Rule on Business Conduct Standards for Swap
Dealers and Major Swap Participants with Counterparties
Phyllis Cela, Enforcement Division
Ted Kneller, Enforcement Division
Charles McCarty, Enforcement Division
Motion/Commissioner Discussion of Rule/Vote

4. Presentation #3a: Final Rule on Registration of Swap Dealers and Major
Swap Participants
Barbara Gold, Division of Swap Dealer and Intermediary Oversight
Chris Cummings, Division of Swap Dealer and Intermediary Oversight
Elizabeth Miller, Division of Swap Dealer and Intermediary Oversight
Gary Barnett, Division of Swap Dealer and Intermediary Oversight
Motion/Commissioner Discussion of Rule/Vote
Presentation #3b: Delegation of Authority Order on Performance of
Registration Functions by National Futures Association with Respect to Swap
Dealers and Major Swap Participants
Barbara Gold, Division of Swap Dealer and Intermediary Oversight
Chris Cummings, Division of Swap Dealer and Intermediary Oversight
Elizabeth Miller, Division of Swap Dealer and Intermediary Oversight
Gary Barnett, Division of Swap Dealer and Intermediary Oversight
Motion/Commissioner Discussion of Rule/Vote

5. Presentation #4: Proposed Rule on Prohibitions and Restrictions on
Proprietary Trading and Certain Interests in, and Relationships with, Hedge
Funds and Private Equity Funds
Steven Seitz, Office of General Counsel
Gary Barnett, Division of Swap Dealer and Intermediary Oversight
Motion/Commissioner Discussion of Rule/Vote

6. Adjournment
Posted by Paul Revere at 1/11/2012 09:38:00 AM