Transcript

CFTC to Hold an Open Commission Meeting on March 25

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo announced that the CFTC will hold an open meeting on Monday, March 25, 2019, at 10:00 a.m. to consider the following:

• Interim Final Rule Regarding Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants in Light of Brexit; and
• Final Rule Regarding the De Minimis Exception to the Swap Dealer Definition – Swaps Entered into by Insured Depository Institutions in Connection with Loans to Customers

The meeting is open to the public with seating on a first-come, first-served basis. Members of the public may also watch a live webcast or listen to the meeting via conference call using a domestic toll-free telephone or international toll or toll-free number to connect to a live, listen-only audio feed. Persons requiring special accommodations to attend the meeting because of a disability should notify Chanel Smith at (202) 418–5080.

Viewing/Listening Instructions: Watch the live webcast at www.cftc.gov. To listen to the live audio feed, call the toll or toll-free numbers listed under Related Links. Call-in participants should be prepared to provide their first name, last name and affiliation. Conference call information below:

View Archived Webcast
CFTC Press Release 7895-19
CFTC Press Release 7888-19
Sunshine Act Meeting:  March 25, 2019

Statements:
Statement of Chairman J. Christopher Giancarlo on the Final Rule Regarding De Minimis Exception to the Swap Dealer Definition – Swaps Entered into by Insured Depository Institutions (IDI) in Connection with Loans to Customers

Opening Statement of Commissioner Brian Quintenz before the Open Commission Meeting on March 25, 2019

Dissenting Statement of Commissioner Rostin Behnam on De Minimis Exception to the Swap Dealer Definition - Swaps Entered into by Insured Depository Institutions in Connection with Loans to Customers

Statement of CFTC Commissioner Rostin Behnam on the Final Rule amending the De Minimis Exception to the Swap Dealer Definition—Swaps Entered into by Insured Depository Institutions in Connection with Loans before the Public Meeting

Opening Statement of CFTC Commissioner Dawn D. Stump before the Commission Meeting

Opening Statement of CFTC Commissioner Dan M. Berkovitz before the Commission Meeting

Statement of CFTC Commissioner Dan M. Berkovitz on Interim Final Rule Regarding Margin Requirements for Certain Legacy Swaps in Case of a “No-Deal Brexit”

Dissenting Statement of Commissioner Dan M. Berkovitz on De Minimis Exception to the Swap Dealer Definition—Swaps Entered into by Insured Depository Institutions in Connection with Loans to Customers

Federal Register Notices:
84 FR 12065: 17 CFR Part 23 Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participant
Vote 5-0

84 FR 12450:  17 CFR Part 1 De Minimis Exception to the Swap Dealer Definition--Swaps Entered Into by Insured Depository Institutions in Connection With Loans to Customers
Vote 3-2

Updated:  04/02/2019