Fixed Income Market Structure Advisory Committee — Corporate Bond Transparency Subcommittee

Summary Minutes of March 14, 2019 Call

The Corporate Bond Transparency Subcommittee held a call on March 14, 2019.

The call convened at approximately 9:30 a.m. via telephone. The following Subcommittee Members were on the call:

Gilbert Garcia
Larry Harris
Scott Krohn
Kumar Venkataraman
Mihir Worah
Michael Heaney

The following market participants were on the call:

Laura Elliot, Incapital
Brian Walker, Incapital
Bill Kubeck, Bank of America Merrill Lynch
Mike Borut, Morgan Stanley

The following staff from the Division of Trading and Markets were on the call:

Elizabeth Baird
Ben Bernstein
David Dimitrious
Tom Eady
Michael Gaw
Patrick Norton
Justin Pica
Ted Uliassi

The following staff from the Office of Municipal Securities were also on the call:

Ahmed A. Abonamah

The following staff from the Division of Economic and Risk Analysis were also on the call:

Louis Craig
Abby Kim

The following staff from the Division of Corporation Finance were also on the call:

Andrew Schoeffler
Amy Starr
David Walz

The Subcommittee discussed the market structure of retail notes—including their issuance, secondary trading, and liquidity characteristics—with a panel of retail note market participants.

The call concluded at approximately 10:30 am.