Modernizing Derivatives Oversight: Developing Policy for the 21st Century
July 21, 2009
U.S. Chamber of Commerce | Washington, D.C.
Improving oversight of the derivatives markets will be a critical component of Congress’ efforts to reform the financial regulatory system. Significant debate is underway regarding how best to develop policy that will improve transparency and regulatory oversight of the derivatives markets, while upholding the important risk management function these financial instruments perform for companies and market participants.
This event brought together experts from diverse sectors to educate and engage the public regarding the use of derivatives, their role in the markets and to offer their ideas for improving derivatives oversight while preserving the benefits they provide to market participants and the overall economy.
Keynote address:
A Single Trade Repository and CCPs: A Powerful Combination for a Safer OTC Derivatives Market
- Donald F. Donahue, Chairman and CEO, The Depository Trust & Clearing Corporation
Panel Discussions:
Fostering Efficiency and Transparency
- Elizabeth King, Associate Director, Division of Trading and Markets, U.S. Securities and Exchange Commission
- Michael Shapiro, Associate Director, Treasury, Zimmer, Inc.
- Michael Cosgrove, Managing Director, Head of Commodities and Energy Brokerage, North America, GFI
- Ananda Radhakrishnan, Director, Division and Intermediary Oversight, Commodity Futures Trading Commission
- Megan Ivory Carr, Manager, Federal Government Services, 3M Company
Discussion Leader: Russell B. Mallett, Financial Services Technical Leader, National Professional Services Group, PricewaterhouseCoopers LLP
Examining Derivatives and Systemic Risk
- John C. Shay, Founder and Chief Marketing Officer, International Derivatives Clearing Group, LLC
- Cynthia Meyn, Senior Vice President, PIMCO
- Theo Lubke, Senior Vice President, Federal Reserve Bank of New York
- Larry E. Thompson, Managing Director and General Counsel, The Depository Trust & Clearing Corporation
- Kevin Gould, President, Markit North America, Global Head of Fixed Income
- Don Thompson, Managing Director, JP Morgan Chase
Discussion Leader: Sharon Brown-Hruska, Ph.D.,Vice President, National Economic Research Associates, Inc.
Related News:
BusinessWire: DTCC Chairman and CEO Donahue Stresses Importance of Single Trade Repository for OTC Derivatives at U.S. Chamber of Commerce Event
FT.com: DTCC warns of need for single OTC database
Reuters: U.S. businesses warn against harsh derivatives rules
___________________________________________________________________________________________
For more information about this event, please contact Ben Askin, Manager of Programs at (202) 463-5500 or baskin@uschamber.com.
Follow us on:
