Open Meeting Agenda
Wednesday, March 2, 2011

Agenda as of March 1, 2011. Note that Open Meeting agendas are subject to last-minute changes.

Item 1: Incentive-Based Compensation Arrangements

The Commission will consider whether to propose regulations with respect to incentive-based compensation practices at certain financial institutions in accordance with Section 956 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

For further information, please contact Raymond A. Lombardo, Division of Trading and Markets, at (202) 551-5755.

Item 2: Clearing Agency Standards for Operation and Governance

The Commission will consider whether to propose rules for the operation and governance of clearing agencies in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and Section 17A of the Securities Exchange Act of 1934.

For further information, please contact Andrew Blake, Division of Trading and Markets, at (202) 551-5846.

Item 3: Ownership Limitations and Governance Requirements for Security-Based Swap Clearing Agencies, Security-Based Swap Execution Facilities, and National Securities Exchanges with Respect to Security-Based Swaps Under Regulation MC

The Commission will consider whether to reopen the comment period for Regulation MC, which was proposed pursuant to Section 765 of the Dodd-Frank Act to mitigate conflicts of interest at security-based swap clearing agencies, security-based swap execution facilities, and national security exchanges that post or make available for trading security-based swaps, in order to solicit further comment on Regulation MC and other more recent proposed rulemakings that concern conflicts of interest at security-based swap clearing agencies and security-based swap execution facilities.

For further information, please contact Catherine Moore, Division of Trading and Markets, at (202) 551-5718.

Item 4: References to Credit Ratings in Certain Investment Company Act Rules and Forms

The Commission will consider whether to propose a new rule and rule and form amendments under the Securities Act of 1933 and the Investment Company Act of 1940, relating to references to credit ratings. These amendments are in accordance with Section 939A of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

For further information, please contact Anu Dubey, Division of Investment Management, at (202) 551-6792.