I.

1:00 – 1:15 p.m.

Opening Remarks from Commissioners
Introduction of GMAC Members and Participants

II.

1:15 – 1:30 p.m.

Update on IOSCO Issues – Jackie Mesa

III.

1:30 - 2:45 p.m.

Bankruptcy Issues

• Lehman – Ron Filler (1:30 - 1:45 p.m.)

• CFTC Perspective – Bob Wasserman (1:45 - 2:00 p.m.)

• LCH Perspective – Roger Liddell (2:00 - 2:15 p.m.)

• Post-Lehman Regulatory Enhancements – Bob Wasserman (2:15 - 2:30 p.m.)

• Discussion (2:30 - 2:45 p.m.)

IV.

2:45 – 3:00 p.m.

Break

V.

3:00 – 4:45 p.m.

Financial Regulatory Reform

• CFTC Update on U.S. Derivatives Proposals – Terry Arbit/Ananda Radhakrishnan (3:00 - 3:30 p.m.)

• European Commission Update/European Union Derivatives Proposals – David Wright (3:30 - 4:00 p.m.)

• Discussion (4:00 - 4:45 p.m.)

VI.

4:45 - %:00 p.m.

New Business