Thank you, Commissioner Stump. Good morning, everyone. A warm welcome to all of the Global Markets Advisory Committee (GMAC) Committee members, presenters and participants, both here and on the telephone. It is good to have you all with us. Today GMAC will discuss how regulators are fulfilling the 2009 G20 directive regarding the OTC derivatives market. It will consider how those reforms are being implemented at the G-20 nation state level in a fashion that is “consistent,” though not identical. The concern, of course, is whether disparate implementation of the reforms is causing undue fragmentation of what - prior ... (full story)