Full Committee Hearing

Building the New Derivatives Regulatory Framework: Oversight of Title VII of the Dodd-Frank Act

Date:   Tuesday, April 12, 2011 Time:   02:45 PM

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Topic

At 2:45 p.m. on Tuesday, April 12, 2011 in Room 538, Dirksen Senate Office Building, the COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS will meet in EXECUTIVE SESSION to consider the nominations of Ms. Katharine G. Abraham, of Iowa, to be a Member of the Council of Economic Advisers; Mr. Carl Shapiro, of California, to be a Member of the Council of Economic Advisers; and Mr. Eric L. Hirschhorn, of Maryland, to be Under Secretary of Commerce for Export Administration, U.S. Department of Commerce. Following the EXECUTIVE SESSION the Committee will meet in OPEN SESSION to conduct a hearing entitled “Building the New Derivatives Regulatory Framework: Oversight of Title VII of the Dodd-Frank Act.” The witnesses on Panel I will be: The Honorable Mary L. Schapiro, Chairman, U.S. Securities and Exchange Commission; The Honorable Gary Gensler, Chairman, U.S. Commodity Futures Trading Commission; The Honorable Daniel K. Tarullo, Member, Board of Governors of the Federal Reserve System; and The Honorable Mary J. Miller, Assistant Secretary for Financial Markets, U. S. Department of the Treasury. The witnesses on Panel II will be: Mr. Thomas Deas, Jr., Vice President and Treasurer, FMC Corporation; Mr. Lee Olesky, Chief Executive Officer, Tradeweb Markets LLC; Mr. Terrence A. Duffy, Executive Chairman, CME Group; Mr. Ian Axe, Chief Executive, LCH Clearnet Group Limited; and Ms. Jennifer Paquette, Chief Investment Officer, Public Employees’ Retirement Association of Colorado. All hearings are webcasted live and Individuals with disabilities who require an auxiliary aid or service, including closed captioning service for webcast hearings, should contact the committee clerk at 202-224-7391 at least three business days in advance of the hearing date.

Witnesses

Witness Panel 1

  1. Honorable Gary Gensler
    Chairman
    U.S. Commodity Futures Trading Commission
  2. Honorable Mary J. Miller
    Under Secretary for Domestic Finance
    U. S. Department of the Treasury
  3. Honorable Mary Schapiro
    Chairman
    U.S. Securities and Exchange Commission
  4. The Honorable Daniel K. Tarullo
    Governor
    Board of Governors of the Federal Reserve System

Witness Panel 2

  1. Mr. Ian Axe
    Chief Executive
    LCH Clearnet Group Limited
  2. Mr. Thomas Deas
    Vice President and Treasurer
    FMC Corporation
  3. Mr. Terrence Duffy
    Executive Chairman
    CME Group Inc.
  4. Mr. Lee Olesky
    Chief Executive Officer
    Tradeweb Markets LLC
  5. Ms. Jennifer Paquette
    Chief Investment Officer
    Public Employees’ Retirement Association of Colorado