External Meetings: Meeting with Shell representatives

When:

10/5/2011 1:00 PM

Rulemaking(s):

IV. Business Conduct Standards – Internal

V. Capital & Margin

XXVI. Position Limits

CFTC Staff:

Gary Gensler

Sarah Josephson

Ananda Radhakrishnan

Tom Smith

Thelma Diaz

Visitor(s):

Frans Everts (Shell Energy North America)

Bob Reilley (Shell Energy North America)

Tom Michels (Shell Oil)

Organization(s):

Shell Energy N.A.

Shell Oil

Discussion focused on proposed capital requirements for swap dealers, and also included some discussion regarding position limits, sequencing, extraterritoriality, and chief compliance officer requirements.