Developments in Securities Regulation, Corporate Governance, Capital Markets, M&A and Other Topics of Interest. MORE

Staff of the Commodity Futures Trading Commission (CFTC) will hold a public roundtable on October 22, 2010, from 1:00 p.m. to 4:00 p.m., to discuss issues related to individual customer collateral protection. The roundtable will assist the CFTC in the rulemaking process to implement the Dodd-Frank Wall Street Reform and Consumer Protection Act.

 Major agenda items include:

 First session:

  • What are the concerns of customers?
  • What models might meet these concerns?
  • What infrastructure changes would be necessary to implement such models?
    • Firms.
    • Clearinghouses.
    • How should the cost of such infrastructure changes be measured?

 Second session:

  • What changes to financial resources [e.g., performance bond, guaranty funds] would need to be implemented to address the changes in the risk environment that would follow as a result of implementing such models? 
    • How can such risk issues best be mitigated?
    • How can the related costs be fairly analyzed and estimated?

 Check frequently for updates on the Dodd-Frank Act.