27th ISDA Annual General Meeting, Chicago, April 30-May 2, 2012
At this year’s AGM, the final day’s opening session featured a standing-room-only “fireside chat” between ISDA Chairman Stephen O’Connor (left) and CFTC Chairman Gary Gensler (right). The conversation covered a wide range of topics of importance to the OTC derivatives industry and regulators.
Below, find short video clips from the talk labeled by topic in sequential order; the full recording of the conversation is available above.
Video Segments (click to play):
01 Current State of Rule Making (4:48)
02 Clearing Landscape (5:49)
03 Netting and Clearing (6:59)
04 International Harmonization (4:18)
05 Market Structure (7:03)
06 Transparency (4:28)
07 MF Global (2:25)
08 Review of Rules (3:46)
09 Extraterritoriality (ET) (1:48)
10 Implementation Timeline (1:23)
11 Block Trade Reporting (2:53)
12 15 Second Rule (2:57)
13 Regulatory Expertise (3:15)
14 CFTC – SEC Cooperation (1:30)
15 Conclusion (2:36)
Latest
Episode 59: Reducing Burdens
As she nears the end of her term as chair of the European Securities and Markets Authority, Verena Ross joins The Swap to discuss progress in simplifying and reducing the burden of EU financial regulation, including transaction reporting. Please view...
CDS Market Dynamics: Record 2025
Global credit default swap (CDS) market activity reached a record $41.8 trillion in 2025, surpassing the previous peak of $38.7 trillion in 2022. Index CDS drove the increase, accounting for 93.3% of total activity and reaching a record $39.0 trillion....
ISDA Letter to CFTC on Public Interest Determinations for Event Contracts
On July 27, ISDA submitted a letter to the U.S. Commodity Futures Trading Commission (CFTC) on the CFTC’s proposed rulemaking on public interest determinations for event contracts published in the Federal Register on June 12, 2026. ISDA emphasized the importance...
ISDA Letter to BCBS on RMA Models
On July 24, ISDA wrote to the Basel Committee on Banking Supervision (BCBS) to request guidance on how the proposed Risk Mitigation Accounting (RMA) model under International Financial Reporting Standard (IFRS) 9/IFRS 7 should be treated for prudential regulatory capital...