CFTC Commissioner Pham Announces Proposed Work Program for CFTC Global Markets Advisory Committee and Seeks PUBLIC Input by May 30. Topics include: derivatives market reform, recommendations on regulation of NFTs, recommendations to improve trade reporting for swaps market oversight.

by Dismal-Jellyfish Source: https://www.cftc.gov/PressRoom/PressReleases/8703-23 Commissioner Caroline D. Pham announced today the 2023-2025 proposed work program for the Commodity Futures Trading Commission’s Global Markets Advisory Committee (GMAC), including the Global Market Structure Subcommittee, the Digital Asset Markets Subcommittee, and the Technical Issues …

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SEC Alert! Commissioner Caroline A. Crenshaw: “the dominance of a handful of large market-makers internalizing orders, and conflicts of interest between market intermediaries and their customers – are even more pronounced in the options markets.” Options markets account for 65% of PFOF payments.

by Dismal-Jellyfish Fixed Income and Options: The Other Market Structures Remarks at the Fixed Income Forum Spring Roundtable: https://www.sec.gov/news/speech/crenshaw-remarks-fixed-income-forum-spring-roundtable-033023 This speech is long but worth the read. I am going to attempt to chop up the two main topics–Fixed Income Markets …

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Elon Musk has disbanded Twitter’s entire office in Brussels after a row with the EU. EU commissioner Thierry Breton, said “In Europe, the bird will fly by our rules.” Seems not. LOL

Twitter Inc.’s office in Brussels, Belgium was disbanded, the Financial Times reported on Thursday, citing sources familiar with the matter. The notice raised alarms among European Union officials, as they pondered whether the social media platform would adhere to the …

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