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CFTC Chairman Rostin Behnam Seeks Nominations for Agricultural Advisory Committee Membership and Public Comment on Topics for Discussion

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Washington, D.C. — Commodity Futures Trading Commission Chairman Rostin Behnam, sponsor of the CFTC’s Agricultural Advisory Committee (AAC), is seeking nominations for AAC membership and the submission of public input on the AAC’s upcoming priorities through a formal request published in today’s Federal Register. The deadline for submissions is September 7, 2022.

Though public meetings, the AAC advises the Commission on agricultural derivatives market regulatory issues and priorities that are of importance to producers, processors, consumers, and other interested stakeholders. The AAC is authorized to submit reports and recommendations to the Commission.   

“The AAC’s mission is particularly important in light of recent environmental developments and geopolitical events affecting the agricultural markets,” said Chairman Behnam. “Sustained drought conditions in the U.S. and current conflicts abroad threaten to impact not just American farmers, ranchers, and agribusinesses, but all Americans. The Commission looks to the AAC to understand the views of the agricultural community and provide recommendations to help ensure the derivatives markets continue to perform their fundamental functions of price discovery and risk management. I am honored to sponsor the AAC, and I look forward to future discussions with its members.”

AAC nominations and potential topics for discussion should be emailed to [email protected] or sent by hand delivery or courier to Brigitte Weyls, Designated Federal Officer, Commodity Futures Trading Commission, 77 West Jackson Blvd., Suite 800, Chicago, IL 60602. Submit nominations or topics with the title “Agricultural Advisory Committee.”

There are five active Advisory Committees overseen by the CFTC. They were created to provide advice and recommendations to the Commission on a variety of regulatory and market issues that affect the integrity and competitiveness of U.S. markets. These Advisory Committees facilitate communication between the Commission and market participants, other regulators, and academics. The views, opinions, and information expressed by the Advisory Committees are solely those of the respective Advisory Committee and do not necessarily reflect the views of the Commission, its staff, or the U.S. government.

See the Federal Register Notice for instructions on the submission of nominations and topics.

This news item was originally published by the Commodity Futures Trading Commission (CFTC US). For more information, see the Source Link.

Regulator Information

Abbreviation: CFTC
Jurisdiction: USA

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