By Niyi Jacobs
The Securities and Exchange Commission (SEC) has announced the postponement of the Third Quarter Capital Market Committee (CMC) meeting, which was initially scheduled for November 14, 2024 ¹.
The SEC cited urgent regulatory commitments as the reason for the postponement and apologized for any inconvenience caused. A new date for the meeting will be communicated in the coming days.
The CMC is a crucial platform for stakeholders in the capital market, including the SEC, capital market operators, trade groups, and other stakeholders, to engage in dialogue, exchange ideas, and address key issues affecting market growth and organization .
The committee was established to provide a means for stakeholders to exchange ideas and provide feedback to the SEC, aiding in the continuous improvement of market operations and regulatory frameworks.
The meeting typically draws CEOs from all registered capital market firms, including brokers/dealers, investment advisers, custodians, fund/portfolio managers, and more.
