External Meetings: Meeting with Assured Guaranty

When:

7/30/2010 2:00 PM

Rulemaking(s):

General

CFTC Staff:

Gary Gensler

Dan Berkovitz

Cyrus Amir-Mokri

Tim Karpoff

Visitor(s):

James Michener (Assured Guaranty)

Bruce Stern (Assured Guaranty)

Sean McCarthy (Assured Guaranty)

Micah Green (Patton Boggs)

Organization(s):

Assured Guaranty

The Chairman began by summarizing the legislation. Representatives of Assured Guaranty then raised questions specifically concerning the definition of a swap. In particular, they asked how rulemaking pursuant to Dodd-Frank would treat instruments like bond insurance, financial guarantee insurance, and contracts for differences.