External Meetings: Meeting with Better Markets, Inc.

When:

11/29/2010 2:00 PM

Rulemaking(s):

V. Capital & Margin

IX. Governance & Possible Limits

XII. DCM Core Principles

XIII. SEF Registration

XXVI. Position Limits

CFTC Staff:

Gary Gensler

Dan Berkovitz

Richard Shilts

Riva Spear Adriance

Nancy Markowitz

Jordan O'Regan

Nadia Zakir

Mauricio Melara

Visitor(s):

Dennis Kelleher (BMI)

Michael Masters (BMI)

Wallace Turbeville (BMI)

Organization(s):

Better Markets, Inc. (BMI)

Participants discussed: (i) background regarding BMI; (ii) mitigation of conflicts of interest regarding derivative clearing organizations, designated contract markets, swap execution facilities and swap data repositories; (iii) clearing requirements and reporting issues relating to swaps; (iv) issues regarding potential capital and margin requirements; and (v) issues regarding position limits.