External Meetings: Teleconference with WMBAA

On January 31, 2011, CFTC Staff participated in a conference call with representatives of WMBAA.  WMBAA asked Staff several questions and requested clarification related to the language of the proposed SEF rule.  WMBAA also noted that the Chief Compliance Officer requirements in Core Principle 15 could be burdensome.  Staff noted that the related proposed regulations are consistent with the statute and suggested that WMBAA provide details regarding its concerns in a comment letter.