Goldilocks and Seeds of Wisdom Today, the Global Markets Advisory Committee Meeting subcommittee of the CFTC is meeting to make 3 recommendations for the markets going forward: * The first-ever digital asset taxonomy. It is designed to promote regulatory clarity and international alignment.* Basel 3 end game proposal.* Transition to T+1 securities settlement and Treasury ETFs. The role of this committee is to take a look at the legislative process and make recommendations for a bill to move it forward in Congress. Although committees only have the authority to advise, their recommendations go a long way in determining the contents of…
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