June 21, 2010

Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues Announces Agenda, List of Participants for June 22 Meeting

Washington, DC — The Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues today announced the agenda for its public meeting to be held on June 22, 2010.

The Committee is conducting a review of the unusual market events that occurred on May 6, 2010. The Committee will hear from representatives of exchanges and significant market participants about their views and observations relating to market events of that day. At the Committee’s next meeting, anticipated to occur in late July, the Committee expects to hear from other market participants, including brokerage houses, issuers, institutional traders and retail investors about the effects of the events of May 6. Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler and Securities and Exchange Commission (SEC) Chairman Mary Schapiro are the co-chairs of the Committee.

“The insights and views of these market participants will provide the Committee and CFTC and SEC staff with valuable information to aid our regulatory efforts going forward,” CFTC Chairman Gensler said.

“These firsthand accounts will further inform our understanding of what happened,” added SEC Chairman Schapiro.

The meeting at the SEC headquarters building at 100 F Street, N.E., Washington, D.C., will be open to the public with seating on a first-come, first-served basis. The meeting also will be webcast on the SEC’s website.

For additional information about the meeting, contact the CFTC’s Office of Public Affairs at (202) 418-5080 or the SEC’s Office of Public Affairs at (202) 551-4120. The Commissions will accept public comments about the issues addressed at this meeting. Comments can be submitted to the CFTC at jointacstatements@cftc.gov. Directions on submitting comments to the SEC are available at the SEC’s website.

Joint CFTC-SEC Advisory Committee Meeting Agenda and Panelists

1:00 Opening Statements from CFTC Chairman Gary Gensler and SEC Chairman Mary L. Schapiro

1:15 Panel One: Exchange Observations

2:45 Panel Two: Perspectives on Liquidity

4:15 Committee Organizational Matters

4:30 Staff Update, Subcommittee Reports and Next Steps

5:00 Conclusion

Media Contacts
Scott Schneider
202-418-5174

R. David Gary
202-418-5085

 

Last Updated: July 28, 2010