SEC Commissioner Hester M. Peirce expressed support for SEC Chair Jay Clayton's initiative to review and amend outdated regulations.
News & Insights
The CFTC Market Risk Advisory Committee debated clearinghouse and vendor risk management issues and announced the appointment of members to the recently established Interest Rate Benchmark Reform Subcommittee.
The CFTC Market Risk Advisory Committee addressed LIBOR reform initiatives and efforts to develop the Secured Overnight Financing Rate as a viable alternative rate.
At a U.S. House Financial Services Committee hearing, industry members and experts outlined their recommendations for Congress concerning the regulation of cryptocurrencies and initial coin offering markets.
The CFTC is soliciting nominations for membership to the Market Risk Advisory Committee, which makes recommendations to the CFTC regarding systemic issues and the evolving structure of derivatives markets and other related financial markets.