The SEC has announced the agenda and panelists for today's roundtable discussion on money market funds and systemic risk. The roundtable scheduled to begin at 2:00PM today will feature participants from the Financial Stability Oversight Council and stakeholders in the money market fund industry, academics, and regulators who will exchange views on mitigating systemic risks associated with money market funds. The members of the Financial Stability Oversight Council scheduled to participate are:
Chairman Sheila C. Bair
Federal Deposit Insurance Corporation
Chairman Gary Gensler
Commodity Futures Trading Commission
Chairman Deborah Matz
National Credit Union Administration
Governor Daniel K. Tarullo
Member, Board of Governors of the Federal Reserve System
Under Secretary Jeffrey A. Goldstein
United States Treasury, Domestic Finance
Mr. Mario L. Ugoletti
Special Advisor, Office of the Director
Federal Housing Finance Agency
The full list of roundtable participants is available at: http://www.sec.gov/spotlight/mmf-risk/mmf-risk-participants.htm
The discussions will include, but will not be limited to, options raised in the October 2010 President's Working Group report on possible money market fund reforms. The full agenda is as follows:
| 2:00-2:10 p.m. | Opening Remarks - Chairman Mary L. Schapiro |
| 2:10-2:20 p.m. | Introductions - Participants and Moderators |
| 2:20-3:05 p.m. |
Discussion - Potential for Money Market Funds to Pose a Systemic Risk to Broader Markets
|
| 3:05-3:20 p.m. | Break |
| 3:20-5:00 p.m. |
Discussion - Regulatory Options and their Implications
|
The roundtable is not open to the public, but is freely available via live webcast on the Commission's website at www.sec.gov. If you are reading this post after the event has already concluded, the roundtable webcast will be archived for later viewing also on www.sec.gov.
The full text of the SEC's announcment is available at: http://www.sec.gov/news/press/2011/2011-107.htm