Release Number 7030-14

October 8, 2014

CFTC’s Global Markets Advisory Committee Releases Agenda for Upcoming Public Meeting

Members of the New Foreign Exchange Markets Subcommittee Announced

Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) today released the agenda for the upcoming Global Markets Advisory Committee (GMAC) public meeting that will be held October 9, 2014 at CFTC’s headquarters in Washington, D.C. The CFTC also announced the members of the new Foreign Exchange Markets Subcommittee who will join the first panel discussion regarding whether mandatory clearing should be required of Non-Deliverable Forwards swaps contracts.

CFTC Commissioner Mark P. Wetjen is the sponsor of this Advisory Committee.

The meeting will focus on issues related to clearing Non-Deliverable Forwards (NDFs) and the digital currency bitcoin. The meeting will consist of two panels. 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 CFTC’s jurisdiction with respect to derivatives contracts that reference the digital currency bitcoin.

The GMAC meeting agenda includes key issues that will be discussed and the speakers for each panel and can be found under “Related Links.” Also under Related Links are the members of the Foreign Exchange Markets Subcommittee, a new GMAC subcommittee.

The meeting is open to the public with seating on a first-come, first-served basis. Members of the public also may watch the meeting via a live webcast at or listen to the meeting via conference call using a domestic toll-free telephone or international toll or toll-free number to connect to a live, listen-only audio feed. A video recording of the meeting will be made available on the approximately 48-hours after the meeting.


Global Markets Advisory Committee Meeting


CFTC Headquarters lobby-level Hearing Room
1155 21st Street, NW, Washington, DC 20581


Thursday, October 9, 2014


1:30 p.m. to 5 p.m.

Viewing/Listening Instructions: Watch the live webcast at To listen to the live audio feed, call the toll or toll-free numbers listed under Related Links. Call-in participants should be prepared to provide their first name, last name and affiliation. Conference call information below:

Domestic Toll Free:


International Toll Numbers:

International Numbers

Conference Passcode:


Last Updated: October 9, 2014