External Meetings: meeting with Principal Life Insurance Company
Representatives of life insurance company discussed issues raised in the August 16, 2011 comment letter from Principal Life Insurance Company, especially in support of expanding the types of collateral acceptable for variation margin (VM). Under the proposed rule for uncleared swaps, VM is limited to cash and treasuries, and the representatives from Principal support including high quality, readily marketable securities as VM, as is current practice today for OTC derivatives.
When
Rulemaking(s)
V. Capital & Margin
CFTC Staff
John Lawton
Tom Smith
Thelma Diaz
Tom Smith
Thelma Diaz
Visitor(s)
Julia Lawler (Principal)
Brayton Li (Principal)
Debra Epp (Principal)
R. Lucia Riddle (Principal)
Brayton Li (Principal)
Debra Epp (Principal)
R. Lucia Riddle (Principal)
Organization(s)
Principal Life Insurance Company (Principal)