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Committee
Schedule



Hearings | 111th Congress

Full Committee

Hearing to Review Proposed Legislation by the U.S. Department of Treasury Regarding the Regulation of Over-The-Counter Derivatives Markets, Part One


Date and Time

September 17, 2009 | 10:30 AM

Location

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

Description

WASHINGTON - On September 17, 2009, the House Agriculture Committee reviewed the Treasury Department’s legislative proposal regulating the over-the-counter (OTC) market for derivatives. The Committee conducted the first of two hearings to examine Treasury’s proposals by hearing from two panels of industry stakeholders.

Witness Testimonies

    Panel 1

  • Mr. Jon Hixson, Director, Federal Government Relations, Cargill, Inc., Washington, D.C.
  • Mr. Glenn English, President National Rural Electric Cooperatives Association, Washington, D.C.
  • Mr. Dave Schryver, Executive Vice President American Public Gas Association, Washington, D.C.
  • Mr. Richard B. Hirst, Senior Vice President and General Counsel, Delta Air Lines, Minneapolis, Minnesota

  • Panel 2

  • Mr. Gary N. O'Connor, Chief Product Officer, International Derivatives Clearing Group, LLC, New York, New York
  • Mr. John M. Damgard, President Futures Industry Association, Washington, D.C.
  • Mr. Terrence A. Duffy, Executive Chairman, CME Group Inc., Chicago, Illinois
  • Mr. Robert Pickel, CEO International Swaps & Derivatives Association, New York, New York
  • Mr. Johnathan Short, Vice President and General Counsel, IntercontinentalExchange, Inc., Atlanta, Georgia
  • Mr. Daniel N. Budofsky, Davis Polk & Wardwell LLP on behalf of the Securities Industry and Financial Markets Association, New York, New York