Enron Mail

From:sara.shackleton@enron.com
To:kevin.radous@enron.com
Subject:Re: global futures exchanges
Cc:
Bcc:
Date:Tue, 23 May 2000 01:17:00 -0700 (PDT)

FYI
----- Forwarded by Sara Shackleton/HOU/ECT on 05/23/2000 08:17 AM -----

Paul Simons
05/23/2000 05:14 AM

To: Sara Shackleton/HOU/ECT@ECT
cc: Mark Elliott/LON/ECT@ECT, Justin Boyd/LON/ECT@ECT, Edmund
Cooper/LON/ECT@ECT
Subject: Re: global futures exchanges

No, but we have considered recently our exposure to brokers where they hold
our money. The analysis is more a function of applicable law/regulation (SFA
or CFTC rules) than clearing house rules as I understand it. We did not take
outside advice or prepare memoranda, but Justin may have done so in the past
(Justin?). Please call me or Ed if you'd like to discuss.

Paul


From: Sara Shackleton on 22/05/2000 11:19 CDT
To: Mark Elliott/LON/ECT@ECT, Paul Simons/LON/ECT@ECT
cc:

Subject: global futures exchanges

Mark and Paul: Have either of you ever reviewed clearinghouse rules with
respect to clearing members for the exhanges on which we trade (in an effort
to analyze our risk with respect to our brokers)? If the answer is yes,
could I have copies of any memoranda? Please let me hear from you or
whomever may have reviewed this issue. Thank you. Sara