IRS Risk Committee

The Interest Rate Swaps Risk Committee has been established by the Board of Directors of Chicago Mercantile Exchange Inc. as a special committee with participation from market participants. The purpose of the Committee is to assist the Board and the Clearing House Oversight Committee in fulfilling their oversight responsibilities over the risk management (excluding operational risk), financial surveillance, clearing member admission and investigation functions of the Clearing House as they relate to interest rate swaps Products (as defined in Chapter 8G of the CME Rulebook).

The identity of the members of the Committee, other than the Chair and the other individual who is a member of the CME Board, is confidential.
William W. Hobert William R. Shepard
  • Member
  • Chair
  • Financial Expert
  • Independent Director