NEW YORK -- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Julian E. Hammar, Of Counsel, Morrison & Foerster LLP will speak at the Knowledge Group’s webcast entitled: “Margin Rules for Uncleared Swaps: What You Need to Know in 2015 LIVE Webcast.” This event is scheduled for January 29, 2015 from 10:00am – 12:00pm (ET).
For further details, please visit:
http://theknowledgegroup.org/event_name/margin-rules-for-uncleared-swaps-what-you-need-to-know-in-2015-live-webcast/
About Julian E. Hammar
Julian Hammar is an Of Counsel in the Washington, DC office of Morrison & Foerster LLP and practices in the firm’s financial services, derivatives and commodities and energy regulation practice groups. He advises clients with respect to all aspects of compliance with the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) and CFTC regulations. Prior to joining Morrison & Foerster LLP, Mr. Hammar served as a special counsel at an Am Law 50 firm and an Assistant General Counsel at the Commodity Futures Trading Commission (“CFTC”), Office of the General Counsel. During his thirteen years at the CFTC, Mr. Hammar drafted regulations to further define key terms including “swap,” “security-based swap,” and “security-based swap agreement,” under the Dodd-Frank Act. He also assisted in drafting other Dodd-Frank Act regulations, including the Entity Definitions (rules to further define such terms as “swap dealer,” “major swap participant,” and “eligible contract participant”), commodity options, and the Volcker Rule. In addition to rulemaking, Mr. Hammar was a member of the CFTC’s legislative drafting team that drafted the derivatives title of the Administration’s legislative proposal for derivatives regulation that eventually was enacted into law as Title VII of the Dodd Frank Act.
About Morrison & Foerster LLP
Morrison & Foerster is a global firm with more than 1,000 lawyers in 17 offices in key technology and financial centers in the United States, Europe and Asia. Our integrated Derivatives and Commodities Regulatory practice offers clients a comprehensive approach to address the entangled regulatory universe. Assisting clients with regulatory compliance and registration is a core focus for the diverse team of expert lawyers in the practice, including practitioners with expertise in all segments of the U.S. bank regulatory regime, the Commodity Exchange Act and related CFTC practice and FERC regulation and compliance.
Event Synopsis:
In September 2014, the Federal Reserve Board, Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, and other agencies proposed new rules on margin requirements for certain market participants entering into uncleared swaps and security-based swaps. These re-proposed U.S. rules for uncleared trades would apply to dealers and major participants who are regulated by a Prudential Regulator.
This CLE course offers participants an overview of the latest trends and best practices with respect to the Prudential Regulator’s Proposed Margin Rules for Uncleared Swaps as well as comparisons to rules proposed by the CFTC regarding margin for uncleared swaps that will apply to entities not otherwise subject to the Prudential Regulator’s rules. A panel of thought leaders and practitioners assembled by The Knowledge Group will help firms better understand how to advise clients about application of the new rules in their businesses.
Key topics include:
• Margin Rules for Uncleared Swaps - An Overview
• Covered Swap Entities
• Margin Requirements for Market Participants
• Posting and Collection of Initial Margin (IM) Requirements
• Requirements Under Variation Margin (VM)
• Section 4(k) of the Bank Holding Company Act
• Margining Practices for Non-cleared Derivative Transactions
• Calculating Initial and Variation Margin
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Group, LLC was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: http://theknowledgegroup.org/
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