April 10th OSEC meeting minutes

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Attendees Eric, Akshat, Elizabeth, Michael

In the beginning of the meeting we discussed questions from the CFTC Letter (218.1 etc)
-The definition of commodity pools
-collaboration in answering questions

We discussed the SIFI letter
-we looked at QT 12
-Market Risk Capital Rules
-Capital adequacy ratios
-stress tests

Topics we are focusing on for our letter
– emphasize compensation
– risk committee
– concentration limits should not be split up by agency
– transparency – more disclosure of results data

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