The Securities and Exchange Commission (SEC) has announced the postponement of its Third Quarter Capital Market Committee (CMC) meeting initially scheduled for November 14, 2024. This meeting, pivotal to the capital market sector, serves as a collaborative platform bringing together SEC officials, capital market operators, trade groups, and other industry stakeholders to address core issues and foster market growth.
The CMC meeting is a key industry event where ideas are exchanged, and critical feedback is shared with the SEC, guiding improvements in regulatory frameworks and market organization. The committee’s objectives include enhancing dialogue and providing solutions to drive the market’s future direction.
The gathering typically includes CEOs from all registered capital market firms, spanning brokers/dealers, investment advisers, custodians, fund/portfolio managers, and various other market participants.
In a statement, the SEC explained, “The Commission is constrained to postpone the forthcoming Capital Market Committee meeting to allow the Commission to attend to urgent regulatory commitments. We will communicate the new date in the coming days. We sincerely apologize for any inconvenience caused by the postponement.”
