[Federal Register Volume 68, Number 25 (Thursday, February 6, 2003)]
[Notices]
[Pages 6144-6145]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-2871]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. AD03-4-000]


Credit Issues in Energy Markets--Clearing and Other Solutions; 
Notice and Agenda for Technical Conference

January 30, 2003.
    As announced, the Federal Energy Regulatory Commission (FERC) and 
the Commodity Futures Trading Commission (CFTC) are holding a joint 
technical conference on credit issues & potential solutions in energy 
markets. The conference is scheduled for Wednesday, February 5, 2003, 
at FERC headquarters, 888 First Street, NE., Washington, DC, in the 
Commission Meeting Room (Room 2C).
    Attached is the Agenda for this conference. This one-day conference 
will begin at 9 a.m. and will conclude at about 4:30 p.m.
    This conference will provide education on potential credit 
solutions, particularly clearing. It will cover clearing fundamentals, 
clearing regulation, clearing alternatives, other

[[Page 6145]]

credit solutions and implementation. Speakers include representatives 
of clearing providers and other experts who will discuss the issues in 
depth, as well as FERC and CFTC staff. All interested parties are 
invited to attend. There is no registration fee.
    Interested parties wishing to file comments may do so under this 
Docket Number by February 26, 2003. Filings will be placed in the 
Federal Energy Regulatory Record Information System (FERRIS) data base 
which is accessible to everyone through the FERC Web site.
    As previously announced, Capitol Connection will cover this meeting 
live over the Internet, as well as via telephone and satellite. For a 
fee, you can receive these meetings in your office, at home, or 
anywhere in the world. To find out more about Capitol Connection's live 
Internet, phone bridge, or satellite coverage, contact David Reininger 
or Julia Morelli at (703) 993-3100, or visit http://www.capitolconnection.gmu.edu. Also, the conference will be 
transcribed. Those interested in obtaining transcripts of the 
conference need to contact Ace Federal Reporters at (202) 347-3700 or 
(800) 336-6646. Transcripts will be available to view electronically 
under this docket number seven days after the conference. Anyone 
interested in purchasing videotapes of the meeting should call VISCOM 
at (703) 715-7999.
    For additional information, please contact Saida Shaalan of FERC's 
Office of Market Oversight & Investigations at 202-502-8278 or by e-
mail, [email protected].

Magalie R. Salas,
Secretary.

Commodity Futures Trading Commission

    Credit Issues in Energy Markets Clearing & Other Solutions
February 5, 2003.
    Agenda for Technical Conference
    Welcoming Remarks: 9-9:30 a.m.
    Pat Wood III, Chairman of the Federal Energy Regulatory Commission 
(FERC)
    James E. Newsome, Chairman of the Commodity Futures Trading 
Commission (CFTC)
    Overview:
    Bill Hederman, Director of the Office of Market Oversight and 
Investigations (OMOI)--FERC Jane Kang Thorpe, Director of Division of 
Clearing & Intermediary Oversight (DCIO)--CFTC Panel I: Clearing 
Fundamentals & Oversight 9:30-11:30 am Moderator: Jane Kang Thorpe, 
Director of Division of Clearing & Intermediary Oversight (DCIO)
    This panel will focus on issues such as the benefits of centralized 
clearing, the process of clearing and how derivatives clearing 
organizations are regulated by the CFTC.
    John Davidson, Managing Director, Morgan Stanley
    Ananda Radhakrishnan, Special Counsel, CFTC-DCIO
    John Lawton, Deputy Director, CFTC-DCIO
    Lunch 11:30 a.m-12:30 p.m.
    Panel II: Clearing Models in the Energy Markets 12:30-2:30 p.m.
    Moderator: Jane Kang Thorpe, Director of Division of Clearing & 
Intermediary Oversight (DCIO)
    This panel will discuss their clearing models and the protections 
they provide.
    Neal Wolkoff, Chief Operating Officer and Executive Vice President, 
New York Mercantile Exchange (NYMEX)
    Andrew Lamb, Deputy Chief Executive and Managing Director of Risk, 
The London Clearing House, Ltd.
    Dennis Dutterer, President and Chief Executive Officer, Board of 
Trade Clearing Corporation
    Dennis Earle, President, EnergyClear Corporation
    David Goone, Senior Vice President, InterContinental Exchange (ICE)
    Robert Stewart, President, Merchant's Exchange
    Break 2:30-2:45 p.m.
    Panel III: Other Credit Solutions & Implementation2:45-4:30 p.m.
    This panel will explore different industry proposed solutions to 
mitigate credit risk.
    Steven Bunkin, Vice President and Associate General Counsel, 
Goldman Sachs/ J. Aron, and Co-Chair of ISDA's North American Energy & 
Developing Products Committee
    Harold Loomis, Credit Manager, PJM Interconnection, L.L.C.
    Vincent Kaminski, Managing Director, Citadel Investment Group
    Robert Stibolt, Senior Vice President, Risk Management & Trade 
Coordination, Tractebel North America, and Co-Chair of Credit 
Committee, Committee of Chief Risk Officers (CCRO)
    Edward Comer, Vice President and General Counsel, Edison Electric 
Institute (EEI)
    Carol St. Clair, Director and Senior Counsel, UBS Warburg Energy, 
L.L.C.
    Craig Goodman, President, National Energy Marketers Association
[FR Doc. 03-2871 Filed 2-5-03; 8:45 am]
BILLING CODE 6717-01-P