{"id":27152,"date":"2022-05-18T01:02:28","date_gmt":"2022-05-18T05:02:28","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=27152"},"modified":"2022-05-18T01:02:35","modified_gmt":"2022-05-18T05:02:35","slug":"cftc-commissioner-kristin-johnson-to-sponsor-agencys-market-risk-advisory-committee","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/cftc-commissioner-kristin-johnson-to-sponsor-agencys-market-risk-advisory-committee\/","title":{"rendered":"CFTC commissioner Kristin Johnson to sponsor agency&#8217;s Market Risk Advisory Committee"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\" id=\"h-commissioner-kristin-n-johnson-of-the-commodity-futures-trading-commission-cftc-was-named-the-sponsor-of-the-agency-s-market-risk-advisory-committee-mrac-consisting-of-36-financial-industry-executives-and-other-prominent-figures\"><a href=\"https:\/\/coinscreed.com\/staging\/cftc-appoints-bruce-fekrat-as-chief-counsel.html\" target=\"_blank\" rel=\"noreferrer noopener\">Commissioner Kristin N. Johnson<\/a> of the Commodity Futures Trading Commission (CFTC) was named the sponsor of the agency's Market Risk Advisory Committee (MRAC), consisting of 36 financial industry executives and other prominent figures. <\/h5>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-101.png\" alt=\"CFTC commissioner Kristin Johnson to sponsor agency's Market Risk Advisory Committee\" class=\"wp-image-27156\" width=\"694\" height=\"437\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-101.png 592w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-101-300x189.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/05\/image-101-150x95.png 150w\" sizes=\"(max-width: 694px) 100vw, 694px\" \/><figcaption>CFTC commissioner Kristin Johnson to sponsor agency's Market Risk Advisory Committee<\/figcaption><\/figure><\/div>\n\n\n\n<p>In September 2021, US President Joe Biden nominated Johnson to be a CFTC commissioner, along with commissioner Christy Goldsmith Romero and acting chairman Behnam for permanent chairs.<\/p>\n\n\n\n<p>Johnson took office on March 30. After working as a law professor for nearly a decade, she took the job. Johnson is the author of academic articles advocating for more stringent <a href=\"https:\/\/coinscreed.com\/staging\/secs-peirce-says-stablecoins-regulations-must-embrace-trial-and-error.html\" target=\"_blank\" rel=\"noreferrer noopener\">cryptocurrency regulations<\/a>. In a statement, Johnson said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\" id=\"h-having-spent-my-career-in-risk-management-oversight-i-appreciate-the-mrac-s-significant-and-critical-role-in-advising-the-commission-on-risk-management-in-our-markets-including-the-emerging-decentralized-market-structures-in-digital-asset-or-cryptocurrency-markets-that-may-not-rely-on-intermediation\"><p>#\u201cHaving spent my career in risk management oversight, I appreciate the MRAC\u2019s significant and critical role in advising the Commission on risk management in our markets including the emerging decentralized market structures in digital asset or cryptocurrency markets that may not rely on intermediation.\u201d#<\/p><\/blockquote>\n\n\n\n<p>The five CFTC commissioners were given sponsorships for five of the six <a href=\"https:\/\/www.google.com\/search?q=CFTC+commissioner+Kristin+Johnson+to+sponsor+agency%27s+Market+Risk+Advisory+Committee&rlz=1C1SQJL_enNG889NG889&oq=CFTC+commissioner+Kristin+Johnson+to+sponsor+agency%27s+Market+Risk+Advisory+Committee&aqs=chrome..69i57.2735j0j9&sourceid=chrome&ie=UTF-8\" target=\"_blank\" rel=\"noreferrer noopener\">CFTC committees<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> on Tuesday, with the exception of the CFTC-SEC Joint Advisory Committee.<\/p>\n\n\n\n<p>The MRAC comprises 36 executives from the derivatives and other financial markets industries, as well as academics and regulators.<\/p>\n\n\n\n<p>Members of the Federal Reserve Banks of New York and Chicago, <a href=\"https:\/\/coinscreed.com\/staging\/hsbc-and-ibm-reports-positive-results-on-the-pilot-run-of-a-multi-ledger-cbdc.html\" target=\"_blank\" rel=\"noreferrer noopener\">HSBC <\/a>chief operating officer Chris Dickens, Goldman Sachs managing director Amy Hong, BlackRock managing director Eileen Kiely, and Futures Industry Association members make up the group.<\/p>\n\n\n\n<p>On June 8, Johnson will deliver the keynote talk at the FIA's International Derivatives Expo in London, &#8220;exploring an adequate regulatory framework for [..] the emerging decentralized digital asset market.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Commissioner Kristin N. Johnson of the Commodity Futures Trading Commission (CFTC) was named the sponsor of the agency&#8217;s Market Risk Advisory Committee (MRAC), consisting of 36 financial industry executives and other prominent figures. In September 2021, US President Joe Biden nominated Johnson to be a CFTC commissioner, along with commissioner Christy Goldsmith Romero and acting [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-27152","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/27152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=27152"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/27152\/revisions"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=27152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=27152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=27152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}