For Release: May 12, 1998
CFTC'S GLOBAL MARKETS ADVISORY COMMITTEE
TO MEET ON MAY 14, 1998
The Commodity Futures Trading Commission's Global Markets Advisory
Committee (GMAC), Chaired by Commissioner Barbara P. Holum, will hold
its first meeting on Thursday, May 14, 1998, from 1:00 to 5:00 p.m.
The meeting will be held at the Commission's Washington, D.C.
headquarters, at Three Lafayette Centre, 1155 21st Street,
N.W., in the first floor hearing room (Room 1000).
The GMAC was created by the Commission for the purpose of obtaining
input on international market issues that affect the integrity and
competitiveness of U.S. markets and U.S. firms engaged in global
business. The membership of the GMAC consists of 30 individuals
representing U.S. futures exchanges, regulators and self-regulators,
financial intermediaries, market users and traders.
The Committee is interested in hearing from GMAC members on issues
affecting their ability to conduct global business. The agenda for the
May 14, 1998 meeting includes a discussion of the following
Highlights of the CFTC's recent international initiatives and activities;
Problems encountered during the recent volatility in the various Asian markets;
Impediments to conducting business abroad; and
Placement of U.S. exchange terminals abroad and foreign exchange
terminals in the U.S.
For further information about the GMAC meeting, contact Virginia Phillips at (202) 418-5070.