CFTC GMAC Meeting
On June 4, the Commodity Futures Trading Commission (CFTC) Global Markets Advisory Committee (GMAC) held a public meeting. Below is a summary of the meeting prepared by Delta Strategy Group. GLOBAL MARKET STRUCTURE SUBCOMMITTEE RECOMMENDATION The Impact of the U.S. Bank Capital Proposals on End-Users that Rely on Cleared Derivatives Markets …
Read MoreDSG Crypto Regulatory Roundup: May 2024
DSG Crypto Regulatory Roundup: May 2024 International Bodies Turkey Proposes Aligning Crypto Legislation with International Standards: The Turkish ruling party submitted a draft crypto bill to the parliament on May 16 that focuses on licensing and registration for crypto service providers and aligns with internation standards. More here. United States …
Read MoreCFTC Open Meeting
On May 10, the Commodity Futures Trading Commission (CFTC) held a public meeting to consider the issuance of the Commission’s Proposed Rule regarding Event Contracts. The Commission approved the proposal by a 3-2 vote with an amendment related to staff delegated authority also approved. Although not all Commissioner’s statements have …
Read MoreHouse Agriculture Committee Farm Bill Markup
On May 23, the House Agriculture Committee held a markup of H.R. 8467 the Farm, Food, and National Security Act of 2024, and passed the bill out of the Committee with some bipartisan support 33-21. All Committee Republicans and four Democrats including, Representatives Yadira Caraveo (D-CO), Don Davis (D-NC), Eric Sorenson (D-IL), and Sanford Bishop (D-GA) voted …
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