Event: Roundtable

Transcript

CFTC Announces December 13, 2005 Global Markets Roundtable

The Commodity Futures Trading Commission (CFTC) will hold a roundtable on Tuesday, December 13, 2005, from 1:00 to 4:00 p.m., to address trans-Atlantic business issues involving futures markets. The roundtable is scheduled to be held in the lobby-level Hearing Room at the Commission’s headquarters, 1155 21st Street, N.W., Washington, D.C.

For the benefit of those who cannot attend the public meeting, a toll-free, listen-only, number is available to dial into the meeting: 1-800-377-4273. International callers should dial: 816-650-0771. Callers should provide the name “Erin Shaw” as the chairperson when prompted by the operator.

Commenting on the roundtable, CFTC Commissioner Walter L. Lukken said: “The Commission is pleased to welcome high-level officials from the Committee of European Securities Regulators (CESR) and the Futures and Options Association (FOA) to discuss market access issues between the U.S. and Europe.”

The lead presenter, CESR Chairman Arthur Docters van Leeuwen, as well as CESR Secretary General, Fabrice Demarigny, will discuss the recent work program between the CFTC and CESR aimed at improving trans-Atlantic business in the futures industry. (CFTC—CESR Communique Requesting Comment on a Common Work Program to Facilitate Trans-Atlantic Derivatives Business)

Additionally, FOA Chief Executive Officer Anthony Belchambers will give a presentation on a recent study published by several global trade associations, including the FOA, the Futures Industry Association, and the Securities Industry Association, suggesting regulatory reforms that would help facilitate trans-Atlantic business in financial services. The Trans-Atlantic Dialogue in Financial Services: The Case for Regulatory Simplification and Trading Efficiency)