Washington, D.C., June 21, 2010 — 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. Securities and Exchange Commission (SEC) Chairman Mary Schapiro and Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler are the co-chairs of the Committee.
“These firsthand accounts will further inform our understanding of what happened,” said SEC Chairman Schapiro.
“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,” added CFTC Chairman Gensler.
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 SEC’s Office of Public Affairs at (202) 551-4120 or the CFTC’s Office of Public Affairs at (202) 418-5080. Directions on submitting comments to the SEC are available here; directions on submitting comments to the CFTC are available at http://www.cftc.gov/LawRegulation/PublicComments/HowtoSubmit/index.htm.
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|1:00||Opening Statements from SEC Chairman Mary L. Schapiro and CFTC Chairman Gary Gensler|
|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|