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CFTC’s Global Markets Advisory Committee Advances 3 Recommendations
The Commodity Futures Trading Commission’s Global Markets Advisory Committee (GMAC), sponsored by Commissioner Caroline D. Pham, advanced three new recommendations to promote U.S. Treasury markets resiliency and efficiency, provide resources on the upcoming transition to T+1 securities settlement, and publish a first-ever digital asset taxonomy to support U.S. regulatory clarity and international alignment. “A year ago, the relaunched GMAC set out to develop pragmatic solutions to address the most significant issues in our markets,” Commissioner Pham said. “I’m proud of the real impact the GMAC continues to ... (full story)