CFTC Commissioner Kristin N. Johnson invites nominations to become a member of the Market Risk Advisory Committee and public comment on discussion topics

– Commodity Futures Trading Commission Commissioner Kristin N. Johnson, sponsor of the Market Risk Advisory Committee (MRAC or Committee) of the CFTC, invites applications to become a member of the MRAC and also invites submissions of potential topics of discussion at future committee meetings. The deadline for submission is June 17, 2022.

“The Commission must have a thorough understanding of potential systemic risks within derivatives markets and the financial system,” explained Commissioner Johnson. “The RMCA will play a critical role in advising the Commission on risk management in our markets, including emerging decentralized market structures in digital asset or cryptocurrency markets that may not rely on intermediation. as well as risk management in clearing houses, exchanges, intermediaries and traditional market makers. , and end users. Thus, the Commission seeks members who represent organizations or groups with an interest in the mission and function of the RMCA and reflect a wide range of perspectives and interests related to the derivatives markets and other related financial markets. The knowledge and experience of the members will undoubtedly enable the Committee to advise the Commission on key market risk issues in a timely manner. I also look forward to hearing the public’s views on potential topics for the RMCA to consider and setting an agenda for the important road ahead.

In the Federal Register notice published today, Commissioner Johnson invites the submission of applications for RMCA membership as well as submissions regarding topics on which the RMCA should focus. In other words, topics that: (1) Reflect matters of public interest to clearing houses, exchanges, exchange execution facilities, exchange data repositories, intermediaries, market makers, service providers, end users and the Commission regarding systemic issues that affect the stability of derivatives markets and other related financial markets; or (2) Are important to assist the Commission in identifying and understanding the impact and implications of changes in the market structure of derivatives markets and other related financial markets.

In support of the Commission’s mission to promote the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation, as well as the oversight and management of systemic risk, the MRAC’s mandate is to hold public meetings, advise and submit reports and recommendations to the Commission on: (1) systemic issues that affect the stability of derivatives markets and other related financial markets; and (2) the impact and implications of changes in the structure of derivatives markets and other related financial markets.

Nominations and topics for discussion at future CARM meetings should be emailed to [email protected] or sent by hand or courier to Natasha Coates, Senior Counsel to Commissioner Kristin N. Johnson, Commodity Futures Trading Commission, Three Lafayette Center, 1155 21st Street NW, Washington, DC 20581. Please use the title “Risk Advisory Committee Marketplace’ for any nominations or topics you submit.

There are five active advisory committees overseen by the CFTC. They were created to provide advice and recommendations to the Commission on a variety of regulatory and trade issues that affect the integrity and competitiveness of US markets. These committees facilitate communication between the Commission and market players, other regulators and academics. The views, opinions, and information expressed by the Advisory Committees are solely those of the respective Advisory Committee and do not necessarily reflect the views of the Commission, its staff, or the United States Government.

Please see the Federal Register notice for instructions on submitting applications and topics.

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