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期货和衍生品行业监管动态

cyber threats and artificial intelligence from Todd Conklin, Chief Artificial

Intelligence Officer & Deputy Assistant Secretary of Cyber, U.S. Department of the

Treasury; and remarks addressing current topics in the area of climate-related market

risk, including an update on FSOC initiatives from Sandra Lee, Deputy Assistant

Secretary, Financial Stability Oversight Council, U.S. Department of the Treasury, the

private carbon credit market and its use by corporations to offset CO2 emissions from

Chris Odinet, Professor of Law & Mosbacher Research Fellow, Texas A&M

University School of Law, and equity, sustainability, and the need to increase

economic opportunity in rural areas and provide financial education and access to

resources, knowledge, and networks needed to thrive in agriculture to underserved

farmers from Kim Ratcliff, Chair, U.S. Department of Agriculture Advisory

Committee on Minority Farmers; Board Member, Capital Farm Credit Advisory

Committee; Treasurer and Board Member, Independent Cattlemen Association.

After discussions, the MRAC voted to advance three reports and

recommendations to the Commission on the following critical issues:

1.The Treasury cash-futures basis trade and effective risk management practices.

2.DCO system safeguard standards for third party service providers, including
recommendations to build upon and incorporate the language, concepts and principles

already set out in the System Safeguards Rule found in Part 39.18 of the CFTC’s

regulations with respect to DCOs.

3.Benefits and limitations of adopting legal entity identifiers for beneficial

account holders of certain market intermediaries.

Treasury Cash-Futures Basis Trade and Effective Risk Management

Practices

Over the course of the last two years, the Treasury Market Reform working

group of the Market Structure Subcommittee examined the state of Treasury markets

20