Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues Announces Agenda/Participants for August 11 Meeting; 2010-145; Aug. 6, 2010
No fraud occurred; the document merely announces a regulatory advisory meeting where industry executives discussed the May 6, 2010, flash crash without any allegations, charges, or legal outcomes.
On August 11, 2010, the SEC and CFTC held a public meeting of their Joint Advisory Committee to examine the May 6, 2010, flash crash from an investor perspective. Panelists included senior executives from AQR Capital Management, BlackRock, TD Ameritrade, Invesco, and Accenture, who provided statements but faced no accusations of misconduct. No fines, charges, or legal actions were mentioned, as the meeting was purely a fact-finding and policy review forum with no enforcement elements.
On August 11, 2010, the Securities and Exchange Commission and the Commodity Futures Trading Commission convened their Joint Advisory Committee on Emerging Regulatory Issues to analyze the causes and investor impacts of the May 6, 2010, flash crash. The meeting, held at the CFTC headquarters in Washington, D.C., was open to the public and webcast live for transparency. Panelists included Michael Mendelson of AQR Capital, Noel Archard of BlackRock, Charles Rotblut of AAII, Chris Nagy of TD Ameritrade, Kevin Cronin of Invesco, and Pamela Craig of Accenture, all of whom offered insights without any allegations of wrongdoing. No individuals or firms were accused of fraud, manipulation, or misconduct during the proceedings. The focus was exclusively on understanding market dynamics and improving regulatory frameworks, not on assigning blame or pursuing penalties. The event was part of a broader regulatory effort to assess systemic risks following the unprecedented market volatility of May 6. No financial penalties, charges, or legal outcomes were discussed or contemplated, as this was strictly a policy and informational forum.
Exhibits & Attached Documents (6)
- pdf Before the Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues
- pdf Good morning. My name is Noel Archard -- I’m a Managing Director at BlackRock and I
- pdf Statement for the Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues
- pdf Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues
- pdf Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues
- pdf JOINT CFTC-SEC ADVISORY COMMITTEE ON EMERGING REGULATORY ISSUES
Extracted insights
- agency cftc chairman
- agency cftc headquarters building, 1155 21st street nw, washington d.c.
- person charles rotblut
- person chris nagy
- agency Commodity Futures Trading Commission
- person gary gensler
- agency joint cftc-sec advisory committee
- person kevin cronin
- person mary l. schapiro
- person michael mendelson
- person noel archard
- person pamela j. craig
- agency sec chairman
- agency Securities and Exchange Commission
- SEC announced agenda and participant list for Joint CFTC-SEC Advisory Committee meeting on August 11
- CFTC announced agenda and participant list for Joint CFTC-SEC Advisory Committee meeting on August 11
- Joint CFTC-SEC Advisory Committee will examine unusual market events of May 6 focusing on investor perspectives
- Gary Gensler is CFTC Chairman
- Mary L. Schapiro is SEC Chairman
- Michael Mendelson is Principal at AQR Capital Management
- Noel Archard is Head of U.S. Products at Blackrock
- Charles Rotblut is Vice President and Editor at American Association of Individual Investors
- Chris Nagy is Managing Director of Order Routing Sales and Strategy at TD Ameritrade
- Kevin Cronin is Director of Global Equity Trading at Invesco
- Pamela J. Craig is Chief Financial Officer at Accenture
- Meeting scheduled for August 11, 2010
- Meeting located at CFTC headquarters building, 1155 21st Street NW, Washington D.C.
Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues Announces Agenda/Participants for August 11 Meeting FOR IMMEDIATE RELEASE 2010-145 Washington, D.C., Aug. 6, 2010 — The Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) today announced the agenda and participant list for the third meeting of the Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues on August 11. The Joint Committee will continue its examination of the unusual market events of May 6, focusing on investor perspectives. The meeting at the CFTC headquarters building (1155 21st Street NW, Washington D.C.) will be open to the public with seating on a first-come, first-served basis. The meeting also will be webcast on the CFTC's website. * * * Joint CFTC-SEC Advisory Committee Meeting Agenda and Panelists 9 a.m. Introduction and Opening Statements from CFTC Chairman Gary Gensler and SEC Chairman Mary L. Schapiro 9:15 Panel Discussion: Investor Perspectives on May 6 Confirmed Panelists: Michael Mendelson, Principal, AQR Capital Management (statement) Noel Archard, Head of U.S. Products, Blackrock (statement) Charles Rotblut, Vice President and Editor, American Association of Individual Investors (statement) Chris Nagy, Managing Director, Order Routing Sales and Strategy, TD Ameritrade (statement) Kevin Cronin, Director of Global Equity Trading at Invesco (statement) Pamela J. Craig, Chief Financial Officer, Accenture (statement) 11:15 Break 11:30 Subcommittee Reports and Next Steps 12:30 Commissioner Comments and Conclusion * * * Viewing/Listening Information Watch a live broadcast of the meeting via webcast on www.cftc.gov. Call in to a toll-free telephone line to connect to a live audio feed. Call-in participants should be prepared to provide their first name, last name and affiliation. Conference call information: U.S./Canada Toll-Free: (866) 312-4390 Conference ID: 93297125 # # # http://www.sec.gov/news/press/2010/2010-145.htm Home | Previous Page Modified: 08/06/2010
Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues Announces Agenda/Participants for August 11 Meeting FOR IMMEDIATE RELEASE 2010-145 Washington, D.C., Aug. 6, 2010 — The Securities and Exchange Commission and the Commodity Futures Trading Commission (CFTC) today announced the agenda and participant list for the third meeting of the Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues on August 11. The Joint Committee will continue its examination of the unusual market events of May 6, focusing on investor perspectives. The meeting at the CFTC headquarters building (1155 21st Street NW, Washington D.C.) will be open to the public with seating on a first-come, first-served basis. The meeting also will be webcast on the CFTC's website. * * * Joint CFTC-SEC Advisory Committee Meeting Agenda and Panelists 9 a.m. Introduction and Opening Statements from CFTC Chairman Gary Gensler and SEC Chairman Mary L. Schapiro 9:15 Panel Discussion: Investor Perspectives on May 6 Confirmed Panelists: Michael Mendelson, Principal, AQR Capital Management (statement) Noel Archard, Head of U.S. Products, Blackrock (statement) Charles Rotblut, Vice President and Editor, American Association of Individual Investors (statement) Chris Nagy, Managing Director, Order Routing Sales and Strategy, TD Ameritrade (statement) Kevin Cronin, Director of Global Equity Trading at Invesco (statement) Pamela J. Craig, Chief Financial Officer, Accenture (statement) 11:15 Break 11:30 Subcommittee Reports and Next Steps 12:30 Commissioner Comments and Conclusion * * * Viewing/Listening Information Watch a live broadcast of the meeting via webcast on www.cftc.gov. Call in to a toll-free telephone line to connect to a live audio feed. Call-in participants should be prepared to provide their first name, last name and affiliation. Conference call information: U.S./Canada Toll-Free: (866) 312-4390 Conference ID: 93297125 # # # http://www.sec.gov/news/press/2010/2010-145.htm Home | Previous Page Modified: 08/06/2010