External Meetings: Telephone Call w/ Neal Wolkoff and Dan McElduff of ELX

When:

2/8/2011 1:00 PM

Rulemaking(s):

IX. Governance & Possible Limits

CFTC Staff:

Nancy Schnabel

Jordan O'Regan

Alicia Lewis

Visitor(s):

Neal Wolkoff

Dan McElduff

Organization(s):

ELX

Participants discussed the proposed requirements to mitigate conflicts of interest in Derivatives Clearing Organizations (“DCOs”), Designated Contracts Markets, and Swap Execution Facilities. The discussion focused on the effects the proposed requirements may have on the Options Clearing Corporation, the DCO clearing for ELX.