The Commodity Futures Trading Commission has announced that its Global Markets Advisory Committee (GMAC) will hold a meeting on April 15. The GMAC will hear presentations on how regulators are fulfilling the 2009 G20 directive regarding the OTC derivatives market. Specifically, the GMAC will examine the status of the four key pillars of the original G20 directive:
- trading on exchanges or electronic trading platforms;
- clearing through central counterparties;
- margin requirements for non-centrally cleared derivatives; and
- data reporting to trade repositories.
The meeting is open to the public and will take place at the CFTC headquarters. A live webcast also will be offered. More information is available here.