THE WEEK IN BRIEF |  Tuesday 4/26 CFTC's Market Risk Advisory Committee meets on derivatives. FDIC to propose liquidity risk standards. SEC's Equity Market Structure Advisory Committee meets. FOMC announces interest rate decision. Wednesday 4/27 SEC to vote on CAT plan. | Thursday 4/28 MSRB webinar on Rule G-42 . CPMI-IOSCO steering group meets in Madrid. House hearing on impact of capital margin requirements on end-users.   Please see below for details on these & other events.
25 April 2016
Week InAdvance
please join us...       
all times ET unless noted

Wednesday, Apr 27
Cyber Security Council Monthly Meeting
Noon - 1 pm

Wednesday, Apr 27
INVESTORS Monthly Members Meeting
4:30 - 5 pm
save the date...       
Last Wednesday of every month
INVESTORS Monthly Members Meeting
4:30 - 5 pm
Brief updates from all Council chairs.
All INVESTORS members are invited to listen in.

3rd Wednesday of every month
CMBS Council monthly meeting
3 - 3:30 pm

1st Thursday of every month
Mortgage Securitization Council monthly meeting
3 - 3:30 pm

2nd Thursday of every month
Market Practices Council monthly meeting
11 - 11:30 am
for details...
Matthew Jones
Staff Director
(202) 712-9050
at the agencies
Tuesday, Apr 26
COMMODITY FUTURES TRADING COMMISSION
Open meeting of the Market Risk Advisory Committee to  discuss how well the derivatives markets are currently functioning, including  how effectively commercial users of swaps are able to find counterparties to transact contracts with, and the current use of portfolio compression and related services.

Tuesday, Apr 26
FEDERAL DEPOSIT INSURANCE CORPORATION
Open board meeting to consider proposing liquidity risk standards which would apply to certain supervised institutions,  incentive-based compensation, and  final rule on registration of securities transfer agents.

Tuesday, Apr 26
SECURITIES AND EXCHANGE COMMISSION
Open meeting of the Equity Market Structure Advisory Committee, which  will focus on recommendations related to a potential access fee pilot and trading venues regulation.

Tuesday, Apr 26 - 
Wednesday, Apr 27
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
Federal Open Market Committee will probably keep interest rates on hold amid concern about the state of the world's biggest economy.  On Wednesday, the FOMC announces decision, followed by statement.

Wednesday, Apr 27
SECURITIES AND EXCHANGE COMMISSION
Open meeting  to vote on issuing a long-anticipated consolidated audit trail plan for public comment.  The CAT will collect and identify orders, cancellations and executions for exchange-listed equities and options across all U.S. markets, with the goal of making it easier for regulators to investigate wrongdoing and market conditions.

Thursday, Apr 28
MUNICIPAL SECURITIES RULEMAKING BOARD
Webinar: MSRB Rule G-42 on Duties of Non-Solicitor Municipal Advisors. MSRB staff will review the key provisions of the rule, including the specific duties of care and loyalty that are components of the federal fiduciary duty for municipal advisors when dealing with municipal entity clients. The webinar will also review suitability recommendations and requirements to provide clients with written disclosure of conflicts of interest, among other duties.


  
 
on the hill
Tuesday, Apr 26
SENATE FINANCE
Hearing on "Navigating Business Tax Reform." Thomas Barthold, chief of staff of the Joint Committee on Taxation, is among those scheduled to testify.

Wednesday, Apr 27
HOUSE FINANCIAL SERVICES
Subcommittee on Monetary Policy and Trade hearing titled "How Can the US Make Development Banks More Accountable?"

Thursday, April 28
HOUSE AGRIGULTURE
Subcommittee on Commodity Exchanges, Energy, and Credit hearing entitled "To Review the Impact of Capital Margin Requirements on End-Users." 
The committee has sought to protect such market participants, known as end-users, from certain regulations considered burdensome. End-users and their allies say they had no part in causing the 2008 financial crisis, and therefore shouldn't be punished with new regulations in its wake.  Witnesses haven't been announced.


across the globe
Monday, Apr 25 -
Thursday, Apr 28
SINGAPORE
G20 Investment & Infrastructure Working Group Meeting #2.

Thursday, Apr 28 -
Friday, Apr 29
MADRID, Spain
The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) hold a  CPMI-IOSCO Steering Group meeting.

Friday, Apr 29
BRUSSELS, Belgium
First Single Resolution Board (SRB) Conference "Charting the course: making bank resolution work."
other events
WASHINGTON, DC
Council of Economic Advisers Chairman Jason Furman  delivers remarks at The Christian Science Monitor breakfast.

Friday, Apr 29
NEW YORK CITY
Andrew Ceresney, director of the SEC's Division of Enforcement, will be a panelist at a Practising Law Institute's seminar titled "Enforcement 2016: Perspectives from Government Agencies."

Friday, Apr 29
NEW YORK CITY
David Grim, director of the SEC's Division of Investment Management and Andrew Ceresney, director of the SEC's Division of Enforcement, will participate in Columbia Law School's 2016 Annual Securities Regulation Conference. Grim will participate on a panel focusing on regulatory policies and risk management at investment companies. Ceresney will participate on a panel focusing on enforcement and insider trading.