Fixed Income Market Structure Advisory Committee — Credit Ratings Subcommittee

Summary Minutes of March 17, 2020 Call

The Credit Ratings Subcommittee held a telephonic meeting on March 17, 2020.

The call convened at approximately 2:30 p.m. The following Subcommittee Members were on the call:

Amy McGarrity
Michael Heaney
John Bagley
Tom Gira
Larry Harris
Ananth Madhavan
Kumar Venkataraman
Rachel Wilson

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

Elizabeth Baird
David Dimitrious
Tom Eady
Arisa Tinaves Kettig
Randall Roy

The following staff from the Office of Credit Ratings joined the call:

Rolaine Bancroft
Annemarie Ettinger
Harriet Orol
Alexa Strear
Andrew Vita

The following staff from the Division of Economic and Risk Analysis joined the call:

Diana Knyazeva

The following staff from the Office of Municipal Securities joined the call:

Ahmed Abonamah

The Subcommittee continued to discuss ideas and next steps in connection with developing a potential recommendation related to nationally recognized statistical rating organizations, or NRSROs.

The call concluded at approximately 3:15 p.m.