The (Q3) Third Quarter Capital Market Committee (CMC) Meeting, set for 14 November 2024, has been postponed by the Securities and Exchange Commission (SEC).
The decision comes as the SEC shifts focus to urgent regulatory matters, delaying a key event where industry leaders gather to discuss the market’s future.
The SEC will announce a new date shortly and expresses regret for any inconvenience the change causes.
The Securities and Exchange Commission (SEC) has unexpectedly postponed its Third Quarter Capital Market Committee (CMC) Meeting, which it originally scheduled for 14th November 2024, citing pressing regulatory commitments.
The CMC meeting is a highly anticipated event in the capital market sector because it brings together a broad group of stakeholders, including the SEC, market operators, trade groups, and industry leaders.
This platform allows CEOs, brokers, investment advisers, custodians, and fund managers to discuss challenges, share insights, and set a collective course for market growth and regulation.
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Since its inception, the CMC has become a vital part of the market’s development, helping to shape regulatory frameworks and operational standards.
Indeed, it offers a collaborative space where key issues impacting the industry’s future are addressed.
In its statement, the SEC expressed regret over the delay, explaining: “The Commission must 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 and apologise for any inconvenience caused.”
Meanwhile, as the industry awaits the rescheduled meeting, stakeholders look forward to a productive session that will tackle new challenges and reinforce the capital market’s future direction.
