Week InAdvance | Mon May 1 INVESTORS' MSC participates in Treasury PLS roundtable in DC. Senate set to confirm SEC chair nomination. Labor Day or May Day in many countries, including China, India, Russia, U.K., France, Germany, Brazil, Mexico. | Tue May 2 B20 Summit in Berlin. House panel markup of Dodd-Frank replacement bill. | Wed May 3 Basel Committee implementation meeting. FOMC rate decision. | Thu May 4 IOSCO meeting in Paris. | Fri May 5 Shadow Open Market Committee meets in NYC. | Sat May 6 The 143rd Kentucky Derby. | Sun May 7 22nd Annual Financial Markets Conference begins in Amelia Island, FL.
Mon May 1, 2017
save the date...
Wednesday, Jun 21
INVESTORS Annual Spring Roundtable & Reception
Hosted by the Market Practices Council
One Financial Center, 5th Floor
Boston, Massachusetts
1 - 4 pm
Agenda will feature topics that impact asset managers: T+2, MiFID II, EMIR, FINRA requirements, DOL fiduciary rule, INVESTORS Council updates, and more.
for more info on INVESTORS Councils
Matthew Jones,
staff director
mjones@association.institutionalINVESTORS.org
(202) 712-9050
at the agencies
Monday, May 1
DEPARTMENT OF THE TREASURY
Members of the INVESTORS Mortgage Securitization Council (MSC) will participate in a roundtable discussion hosted by Craig Phillips, counselor to Treasury Secretary Steven Mnuchin, along with a diverse group of market participants with an interest in the private label securitization markets.
Tuesday, May 2 -
Wednesday, May 3
FEDERAL RESERVE
The Fed board holds a closed meeting on Tuesday to discuss monetary policy issues. The Fed's Federal Open Market Committee (FOMC) starts its two-day meeting on interest rates and will announce its decision at 2 pm EDT on Wednesday. The Fed is projected to keep the federal funds rate unchanged within a target range of 0.75 percent to 1 percent.
Sunday, May 7 -
Tuesday, May 9
FEDERAL RESERVE BANK OF ATLANTA
22nd Annual Financial Markets Conference "Managing Global Financial Risks: Shifting Sands and Shock Waves" in Amelia Island, Florida sponsored by the Atlanta Fed Center for Financial Innovation and Stability (CenFIS). Invited guests include central bank officials, and senior leaders of global investment firms, regulatory and financial institutions, and academia.
on the hill
Monday, May 1
SENATE
Procedural step of closing debate on the nomination of mergers and acquisitions attorney Jay Clayton to chair the Securities and Exchange Commission, paving the way for a confirmation vote later in the week, likely the next day. Clayton is a partner at Sullivan Cromwell LLP in New York. The Senate Banking Committee approved his nomination 15-8 in April, with all but three Democrats opposed. Clayton is expected to be confirmed with the backing of all Republican senators and some Democrats.
Tuesday, May 2
SENATE BANKING, HOUSING AND URBAN AFFAIRS
Hearing on "
Examining the U.S.-EU Covered Agreements." Witness include the former director of Treasury's Federal Insurance Office (FIO), representatives of the National Association of Insurance Commissioners (NAIC), and an associate professor of legal studies and business ethics at the University of Pennsylvania's Wharton School.
Tuesday, May 2
HOUSE FINANCIAL SERVICES
Full committee markup of H.R.10, the "Financial CHOICE (Create Hope and Opportunity for Investors, Consumers, and Entrepreneurs) Act of 2017." Measure would offer relief for banks that bolster their capital levels and pare back many aspects of Dodd-Frank, such as the Volcker Rule, which bars proprietary trading by banks, and the Durbin amendment, which caps fees on debit-card transactions.
across the globe
Tuesday, May 2
SOCHI, Russia
Russian President Vladimir Putin and German Chancellor Angela Merkel meet for talks expected to focus on economic sanctions and the G-20 summit.
Tuesday, May 2 -
Wednesday, May 3
BERLIN, Germany
The B20 Summit, a business forum linked to Germany's G20 presidency. Livestream from 8 am EDT.
Tuesday, May 2 -
Thursday, May 4
ABU DHABI, United Arab Emirates
Bank for International Settlements' Financial Stability Institute's Gulf Cooperation Council (GCC) seminar: Standardised approaches in Basel III.
Wednesday, May 3
DURBAN, South Africa
The World Economic Forum on Africa convenes with the theme "Achieving Inclusive Growth."
Wednesday, May 3 -
Friday, May 5
BASEL, Switzerland
Basel Committee on Banking Supervision (BCBS) policy implementation meeting: Implementation of Basel standards.
Thursday, May 4 -
Friday, May 5
PARIS, France
IOSCO's Monitoring Group Meeting.
other events
Monday, May 1 -
Wednesday, May 3
BEVERLY HILLS, California
The Milken Institute's annual global conference continues. Speakers include former U.S. President George W. Bush, Japanese Finance Minister Taro Aso, and U.S. Treasury Secretary Steven Mnuchin.
Wednesday, May 3
WASHINGTON DC
Brookings Institute panel discussion on "The Quest for Financial Stability a Decade After the Onset of the Global Financial Crisis." Join the conversation on Twitter using #financialstability
Friday, May 5
NEW YORK CITY
Shadow Open Market Committee (SOMC) spring meeting on "Reforming The Fed and Government-Sponsored Enterprises," with speaker John Williams, Federal Reserve Bank of San Francisco president.
transparency. inclusiveness. consensus.
The Association of Institutional INVESTORS is a member-led organization of institutional investment advisors that represents the interests of investors and strives to advance good practices and promote fair and efficient financial markets through open engagement with policy makers and others.
