Full Committee Hearing
Building the New Derivatives Regulatory Framework: Oversight of Title VII of the Dodd-Frank Act
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.
Witness Panel 1
ChairmanU.S. Commodity Futures Trading Commission
Under Secretary for Domestic FinanceU. S. Department of the Treasury
ChairmanU.S. Securities and Exchange Commission
GovernorBoard of Governors of the Federal Reserve System
Witness Panel 2
Chief ExecutiveLCH Clearnet Group Limited
Vice President and TreasurerFMC Corporation
Executive ChairmanCME Group Inc.
Chief Executive OfficerTradeweb Markets LLC
Chief Investment OfficerPublic Employees’ Retirement Association of Colorado