Scribd Logo
Upload

Welcome to Scribd!

  • CREW: CFTC: Regarding Efforts To Influence Financial Regulatory Reform: 3/18/11 - CFTC-CREW-0367

    Uploaded by

    CREW
    8 views1 page
    On March 22, 2010, Citizens for Responsibility and Ethics in Washington (CREW) filed Freedom of Information Act requests with several agencies for records related to their efforts to influence financial regulatory reform currently being considered by Congress. Several agencies likely to be impacted by reform legislation have waged an intense turf battle to try to preserve their roles and power. CREW’s request specifically seeks all correspondence between eight agencies – Department of the Treasury, Federal Reserve Board, Federal Deposit Insurance Corporation, Office of Comptroller of the Currency, Office of Thrift Supervision, National Credit Union Administration, Security and Exchange Commission, and Commodities Futures Trading Commission – and Congress related to the key financial regulatory proposals and suggestions. These records will help the public understand how these agencies have tried to influence Congress and whether these efforts were proper.; CREW: Commodity Futures Trading Commission (CFTC): Regarding Efforts to Influence Financial Regulatory Reform; Holder of Document: CREW; Producing Agency: Commodity Futures Trading Commission (CFTC); Date Received: 3/18/11;

    Original Title

    CREW: CFTC: Regarding Efforts to Influence Financial Regulatory Reform: 3/18/11 – CFTC-CREW-0367

    Copyright

    © Public Domain

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    On March 22, 2010, Citizens for Responsibility and Ethics in Washington (CREW) filed Freedom of Information Act requests with several agencies for records related to their efforts to influence financial regulatory reform currently being considered by Congress. Several agencies likely to be impacted by reform legislation have waged an intense turf battle to try to preserve their roles and power. CREW’s request specifically seeks all correspondence between eight agencies – Department of the Treasury, Federal Reserve Board, Federal Deposit Insurance Corporation, Office of Comptroller of the Currency, Office of Thrift Supervision, National Credit Union Administration, Security and Exchange Commission, and Commodities Futures Trading Commission – and Congress related to the key financial regulatory proposals and suggestions. These records will help the public understand how these agencies have tried to influence Congress and whether these efforts were proper.; CREW: Commodity Futures Trading Commission (CFTC): Regarding Efforts to Influence Financial Regulatory Reform; Holder of Document: CREW; Producing Agency: Commodity Futures Trading Commission (CFTC); Date Received: 3/18/11;

    Copyright:

    Public Domain
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views1 page

    CREW: CFTC: Regarding Efforts To Influence Financial Regulatory Reform: 3/18/11 - CFTC-CREW-0367

    Uploaded by

    CREW
    On March 22, 2010, Citizens for Responsibility and Ethics in Washington (CREW) filed Freedom of Information Act requests with several agencies for records related to their efforts to influence financial regulatory reform currently being considered by Congress. Several agencies likely to be impacted by reform legislation have waged an intense turf battle to try to preserve their roles and power. CREW’s request specifically seeks all correspondence between eight agencies – Department of the Treasury, Federal Reserve Board, Federal Deposit Insurance Corporation, Office of Comptroller of the Currency, Office of Thrift Supervision, National Credit Union Administration, Security and Exchange Commission, and Commodities Futures Trading Commission – and Congress related to the key financial regulatory proposals and suggestions. These records will help the public understand how these agencies have tried to influence Congress and whether these efforts were proper.; CREW: Commodity Futures Trading Commission (CFTC): Regarding Efforts to Influence Financial Regulatory Reform; Holder of Document: CREW; Producing Agency: Commodity Futures Trading Commission (CFTC); Date Received: 3/18/11;

    Copyright:

    Public Domain
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    From: Riley, John <JRiley@CFTC.

    gov>
    Sent: Wednesday, December 23,20095:45 PM
    To: Ritter, Elizabeth L. <eritter@CFTC.gov>; Claussen, Cory (Agriculture)
    <Cory_Claussen@agriculture.senate.gov>
    Cc: Leslie, Douglass <dleslie@CFTC.gov>; Berkovitz, Dan M
    <DBerkovitz@CFTC.gov>
    Subject: CFTC Staff Technical Assistance -- Dec 23,2009
    Attach: INSIDER TRADING AMENDMENT.DOCX; PROHIBIT TRADING OF
    SWAPS REQUIRED TO BE CLEARED.DOCX

    Elizabeth and Cory-

    Attached are two documents provided as CFTC staff technical assistance. In their regard, Dan provides
    the following notes:

    With respect to the insider trading provision, the technical assistance would greatly expand the
    scope of the prohibition on insider trading with respect to exchange insiders to cover any
    nonmaterial public information received from any source. This would appear to apply a far
    more restrictive provision on trading against exchange employees than anyone else.

    With respect to the clearing requirement, we are considering proposing our own revisions to
    both the clearing requirement and the transparency requirement, but will transmit those
    separately when they are ready. The two proposals we are sending now are purely technical
    assistance as a result of our last meeting.

    We noted reports of progress at Senate Banking (click here), but don't have any details. If you have any
    news you can share, please let me know.

    Hope y'all have a great holiday!

    John

    John P. Riley
    Director of Legis1ative Affairs
    Office ofthe Chairman
    u.s. Connnodity Futures Trading Connnission
    115521 51 St., NW
    Washington, DC 20581
    (202) 418-5383
    llijl~Y@~J~I~,gQY

    CFTC-CREW-0367

    You might also like