CFTC Global Markets Advisory Committee Announces Agenda for Upcoming Meeting

The CFTC released its agenda for the upcoming Global Markets Advisory Committee (“GMAC”) public meeting scheduled for October¬†9, 2014. The GMAC meeting will focus on issues related to clearing non-deliverable forwards (“NDFs”) and the digital currency, bitcoin.

The first panel will discuss whether a clearing mandate is appropriate for NDFs, with a particular focus on how such a mandate would impact foreign exchange contracts. The second panel will discuss the CFTC’s jurisdiction with respect to derivatives contracts that reference bitcoins.

See CFTC Press Release.