WASHINGTON — The Commodity Futures Trading Commission will hold a daylong public roundtable on the Volcker Rule on Thursday, May 31, the agency announced.
The roundtable will feature two panel discussions — one on hedging and the other on market-making, the CFTC said in a press release.
Among the scheduled participants are: Sheila Bair, former chairman of the Federal Deposit Insurance Corp.; representatives from Barclays and Credit Suisse; a representative of the Securities Industry and Financial Markets Association; representative from pro-reform groups such as Better Markets and Americans for Financial Reform; and academics such as Simon Johnson of the MIT Sloan School of Management.
The CFTC said that the roundtable will provide the agency with additional public input for the final rulemaking on the Volcker Rule.
The agency's announcement comes at a time when JPMorgan Chase's trading losses have upended the dynamics among the five regulatory agencies charged with implementing the Volcker Rule.
Among the regulators, the CFTC is widely thought to be pushing for the strictest restrictions on trading activity. Last fall, the CFTC declined to sign onto a proposed rule that the banking regulators and the Securities and Exchange Commission released, though the version that the CFTC eventually released was quite similar.
More information on the roundtable is available on the CFTC's
