Harmonization

The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) today issued a joint report identifying areas where the agencies’ regulatory schemes differ and recommending actions to address those differences, where appropriate.

The report can be found online at: http://www.cftc.gov/stellent/groups/public/@otherif/documents/ifdocs/opacftc-secfinaljointreport101.pdf.

The Chairmen of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) announced today that they anticipate, in two weeks, the two agencies will issue a report that will address key areas in which their regulatory schemes are different. The Chairmen also expect the report will recommend legislative and regulatory actions to address those differences where appropriate.

First meeting to take place at the CFTC on September 2, 2009 and the second meeting to take place at the SEC on September 3, 2009