2014-21411
Federal Register, Volume 79 Issue 174 (Tuesday, September 9, 2014)
[Federal Register Volume 79, Number 174 (Tuesday, September 9, 2014)]
[Notices]
[Page 53421]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-21411]
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COMMODITY FUTURES TRADING COMMISSION
Reestablishment of the Global Markets Advisory Committee
AGENCY: Commodity Futures Trading Commission.
ACTION: Notice of Global Markets Advisory Committee reestablishment.
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SUMMARY: The Commodity Futures Trading Commission (Commission) is
publishing this notice to announce the reestablishment of the Global
Markets Advisory Committee (GMAC). The Commission has determined that
reestablishment of the GMAC is necessary and in the public's interest.
No earlier than fifteen (15) days following the date of the publication
of this notice, the GMAC Charter will be filed with the Commission; the
Senate Committee on Agriculture, Nutrition and Forestry; the House
Committee on Agriculture; the Library of Congress; and the General
Services Administration's Committee Management Secretariat.
ADDRESSES: Written comments should be submitted to the attention of
Christopher Kirkpatrick, Secretary of the Commission, either
electronically to [email protected] or by mail to Commodity Futures
Trading Commission, Three Lafayette Centre, 1155 21st Street NW.,
Washington, DC 20581. Please submit your comments using only one method
and identify that you are commenting on the GMAC's reestablishment.
FOR FURTHER INFORMATION CONTACT: Ted Serafini, GMAC Designated Federal
Officer, at 202-418-5972.
SUPPLEMENTARY INFORMATION: In accordance with the Federal Advisory
Committee Act (FACA), 5 U.S. C. App. II, the Commission is publishing
this notice to announce the reestablishment of the GMAC. The Commission
has determined that the reestablishment of the GMAC is necessary and in
the public interest. The objectives and scope of activities of the GMAC
are to conduct public meetings and to submit reports and
recommendations on matters of public concern to the exchanges, firms,
market users, and the Commission regarding the regulatory challenges of
a global marketplace. The GMAC will help the Commission determine how
it can avoid unnecessary regulatory or operational impediments to
global business while still preserving core protections for customers
and other market participants. The GMAC will also make recommendations
for appropriate international standards for regulating futures and
derivatives markets, as well as intermediaries. Additionally, the GMAC
will assist the Commission in assessing the impact on U.S. markets and
firms of the Commission's international efforts and the initiatives of
foreign regulators and market authorities. The GMAC will also identify
methods to improve both domestic and international regulatory
structures while continuing to allow U.S. markets and firms to remain
competitive in the global market. The GMAC's objectives and activities
will allow the Commission to better promote its mission of protecting
market users and the public from abusive practices, and help to foster
open, competitive, and financially sound futures and options markets.
Meetings of the GMAC are open to the public.
The GMAC will operate for two years from the date of
reestablishment unless, before the expiration of that time period, its
charter is renewed in accordance with section 14(b)(1) of the FACA, or
the Commission directs that the GMAC terminate on an earlier date. A
copy of the GMAC reestablishment charter will be filed with the
Commission; the Senate Committee on Agriculture, Nutrition and
Forestry; the House Committee on Agriculture; the Library of Congress;
and the General Services Administration's Committee Management
Secretariat. A copy of the reestablishment charter will be posted on
the Commission's Web site at www.cftc.gov.
Issued in Washington, DC, on September 4, 2014, by the
Commission.
Christopher J. Kirkpatrick,
Secretary of the Commission.
[FR Doc. 2014-21411 Filed 9-8-14; 8:45 am]
BILLING CODE 6351-01-P