External Meetings: Meeting with AFME

The parties discussed the establishment of a Legal Entity Identifier ("LEI") for real time reporting.  The EU is comfortable with the US moving ahead on this.  AFME believes the creation of a LEI is crucial to make trade repositories work.  ~ ~AFME also asked whether the CFTC will recognize foreign CCPs.  CFTC staff said that perhaps after the rules in the US and EU are in place.