Hearing to Review Derivatives Legislation
1300 Longworth House Office Building, Washington, D.C.
| Feb 4, 2009 10:30am
| Feb 4, 2009 10:30am
WASHINGTON – On February 4, 2009, the House Agriculture Committee resumed its series of hearings to review legislation addressing the transparency and oversight of derivative markets. For the second consecutive day, the Committee received testimony and asked questions of fifteen witnesses representing stakeholder groups about the Derivatives Markets Transparency and Accountability Act of 2009, draft language circulated last week by Chairman Collin C. Peterson of Minnesota.
Transcripts
Transcript:
Witnesses
Panel 1
Mr. Michael W. Masters , Managing Member / Portfolio Manager, Masters Capitol Management, LLC, St. Croix, USVI
Mr. Johnathan Short , Senior VIce President and General Counsel, IntercontintentalExchange, Inc., Atlanta, Georgia
Mr. Gary W. Taylor , President, Cargill Cotton, on behalf of The National Cotton Council, American Cotton Shippers Association, and AMCOT, Cordova, Tennessee
Mr. Robert Pickel , Chief Executive Officer, International Swaps & Derivatives Association, New York, New York
Hon. Joseph D. Morelle , Chair, New York State Assembly Standing Committee on Insurance, on behalf of National Conference of Insurance Legislators (NCOIL), Troy, New York
Panel 2
Mr. Chris Concannon , Executive Vice President, NASDAQ OMX, New York, New York
Mr. Bill Hale , Senior Vice President, Grain and Oilseed Supply Chain, on behalf of Cargill, Incorporated, Wayzata, Minnesota
Mr. Karl D. Cooper , Chief Regulatory Officer, NYSE Liffe, LLC, on behalf of NYSE Euronext, New York, New York
Mr. Paul N. Cicio , President, Industrial Energy Consumers of America, Washington, D.C.
Mr. Mark C. Brickell , Chief Executive Officer, Blackbird Holdings, Inc., New York, New York
Panel 3
Mr. Thomas Book , Member of the Executive Board, on behalf of Eurex Deutschland and Eurex Clearing AG, Frankfurt, Germany
Mr. Stuart Kaswell , General Counsel, Managed Funds Association, Washington, D.C.
Mr. Edward J. Rosen , Cleary Gottlieb Steen & Hamilton LLP, on behalf of Securities Industry and Financial Markets Association, New York, New York
Mr. Brent W. Weisenborn , Chief Executive Officer, Agora-X, LLC, Parkville, Missouri
Mr. Donald P. Fewer , Senior Managing Director, Standard Credit Group, LLC, New York, New York