iCFTC Announces Technology Advisory Committee Meeting
On June 29, the Commodity Futures Trading Commission’s (CFTC) Technology Advisory Committee (TAC) announced that it will hold a public meeting on July 16. At this meeting, the TAC will hear presentations from the TAC subcommittees on Automated and Modern Trading Markets, Distributed Ledger Technology and Market Infrastructure, Virtual Currencies and Cybersecurity.
The meeting will be held via conference call in accordance with CFTC’s implementation of social distancing due to COVID-19.
More information is available here.
CFTC Announces Market Risk Advisory Committee Meeting
On July 6, the Commodity Futures Trading Commission’s (CFTC) Market Risk Advisory Committee (MRAC) announced that it will hold a public meeting on July 21. At this meeting, the MRAC will (1) discuss market activity in the early part of 2020, immediately following the onset of the COVID-19 pandemic in the United States, and (2) receive status updates from the Climate-Related Market Risk, CCP Risk and Governance, Market Structure and Interest Rate Benchmark Reform subcommittees.
The meeting will be held via conference call in accordance with CFTC’s implementation of social distancing due to COVID-19. More information is available here.
CFTC Announces Finalization of 2020-2024 Strategic Plan
On July 8, the Commodity Futures Trading Commission (CFTC) announced that its 2020-2024 Strategic Plan (Strategic Plan) is now final. The Strategic Plan was unanimously approved by the CFTC in May and was subject to a 30-day comment period that ended in June. The Strategic Plan focuses on the following five strategic goals, each with clearly defined objectives:
- Strengthening the resilience and integrity of the derivatives markets while fostering their vibrancy;
- Regulating the derivatives markets to promote the interests of all Americans;
- Encouraging innovation and enhancing the regulatory experience for market participants at home and abroad;
- Being tough on those who break the rules; and
- Focusing on the CFTC’s unique mission and improving the CFTC’s operational effectiveness.
The Strategic Plan is available here.
