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Committee
Schedule



Hearings | 111th Congress

Full Committee

Hearing to Review Derivatives Legislation


Date and Time

February 4, 2009 | 10:30 AM

Location

1300 Longworth House Office Building, Washington, D.C.

Description

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. 

Witness Testimonies

    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
  • The Honorable 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