The Financial Stability Oversight Council will meet on Monday in both an open and an executive session. The agenda for the open session includes an update regarding FSOC's ongoing work on asset management and an update regarding Council member agencies' work related to cybersecurity. The agenda for the executive session includes a discussion of the annual re-evaluation of the designation of a nonbank financial company. 

FSOC is back in the crosshairs of the House Financial Services Committee on Tuesday, as the panel is scheduled to take up a slate of bills to overhaul the council's functions. 

On Wednesday, Fed Chair Janet Yellen appears before the House Financial Services Committee on the Fed's actions and plans for bank oversight because of President Obama's failure to fill a key post created by the Dodd-Frank Act.
2 November 2015
Week InAdvance
save the date...
Tuesday, Nov 17
2015 Fall Market Practices in-Person
8:30 am to 1:30 pm ET
Boston, Massachusetts

Last Wednesday of Every Month
INVESTORS Membership Telecon
4:30 pm ET
Brief updates from all Council chairs.
All members welcome to listen in.
for details & call-in info...
Matthew Jones
Staff Director
mjones@association.institutionalINVESTORS.org
(202) 712-9050
week in brief
Monday, Nov 2
FSOC to discuss its ongoing work regarding asset management and an update on council member agencies' work related to cybersecuity. CFTC's Market Risk Advisory Committee will discuss interdependence among clearinghouses and "key intermediaries / markets."

Tuesday, Nov 3
House Financial Services Committee markup of bills to overhaul FSOC.

Wednesday, Nov 4
Joint Economic Committee hearing on Social Security Disability Insurance program. Fed's Yellen testifies on bank regulation before House panel. Fed's Lael Brainard speaks on financial stability in Frankfurt. NY Fed's Dudley speaks on the economy in New York.

Thursday, Nov 5
NY Fed's Bill Dudley, IMF's Christine Lagarde, and Fed Vice Chairman Stanley Fischer speak on banking culture at New York Fed. Chicago Fed begins two-day international banking conference to identify and address important issues currently affecting international financial markets and institutions. Bank of England announces interest rate decision.

Friday, Nov 6
Fed's Lael Brainard takes part in IMF panel on monetary policy.
Please see below for details on these and other events this week.
at the agencies
Monday, Nov 2
COMMODITY FUTURES TRADING COMMISSION
Market Risk Advisory Committee to receive and discuss a subcommittee's recommendations on how default plans presented earlier this year can better reflect market conditions in the case of the default of a clearing firm. The committee, which is sponsored by Commissioner Sharon Bowen, will discuss clearing portability and futures commission merchant resource availability.

Monday, Nov 2
DEPARTMENT OF THE TREASURY
The Financial Stability Oversight Council holds an open meeting with an agenda that includes ongoing work on asset management and an update regarding council member agencies' work related to cybersecurity. Treasury Secretary Jack Lew, Fed Chair Janet Yellen, Comptroller of the Currency Thomas Curry, FDIC Chair Martin Gruenberg and SEC Chair Mary Jo White will attend.

Monday, Nov 2
COMMODITY FUTURES TRADING COMMISSION
Meeting of the Market Risk Advisory Committee to discuss the CCP Risk Management Subcommittee's recommendations to the MRAC regarding how the CCP default plans presented at the April 2, 2013 meeting of the MRAC can better reflect market conditions in the case of the default of a significant clearing member.

Thursday, Nov 5
FEDERAL RESERVE BANK OF NEW YORK
New York Fed President William Dudley, IMF Managing Director Christine Lagarde and Fed Vice Chairman Stanley Fischer speak at the "Reforming Culture and Behavior in the Financial Services Industry: Workshop on Progress and Challenges."

Thursday, Nov 5
FEDERAL DEPOSIT INSURANCE CORPORATION
Meeting of the Advisory Committee on Community Banking to discuss current issues affecting community banking.

Thursday, Nov 5 -
Friday, Nov 6
FEDERAL RESERVE BANK OF CHICAGO
Eighteenth Annual International Banking Conference: "The Future of Large, Internationally Active Banks" co-sponsored by The World Bank. Scheduled speakers include Fed Governor Daniel K. Tarullo FDIC Director and Vice Chairman Thomas M. Hoenig, and Stern School of Business's Seymour Milstein Professor of Finance Ingo Walter.
  
 
on the hill
Tuesday, Nov 3
SENATE BANKING, HOUSING AND URBAN AFFAIRS
Full committee markup to vote on the nomination of Adam Szubin to be Treasury undersecretary for terrorism and financial crimes. 

Tuesday, Nov 3
SENATE JUDICIARY
Subcommittee on Privacy, Technology and the Law hearing on "Data Brokers - Is Consumers' Information Secure."

Tuesday, Nov 3
HOUSE FINANCIAL SERVICES
Full committee markup of in open session, and subsequent days if necessary, to consider, in an order to be determined by the Chairman, the following measures:  H.R.1309, the "Systemic Risk Designation Improvement Act of 2015"; H.R.1478, the "Policyholder Protection Act of 2015"; H.R.1550, the "Financial Stability Oversight Council Improvement Act of 2015"; H.R.1660, the "Federal Savings Association Charter Flexibility Act of 2015"; H.R.2209, to require the appropriate Federal banking agencies to treat certain municipal obligations as level 2A liquid assets; H.R.3340, the "Financial Stability Oversight Council Reform Act"; H.R.3557, the "FSOC Transparency and Accountability Act"; H.R.3738, the "Office of Financial Research Accountability Act of 2015"; the "Small Business Credit Availability Act"; and H.R.3857, To require the Board of Governors of the Federal Reserve System and the Financial Stability Oversight Council to carry out certain requirements under the Financial Stability Act of 2010 before making any new determination under section 113 of such act.

Tuesday, Nov 3
HOUSE JUDICIARY
Subcommittee on Regulatory Reform, Commercial and Antitrust Law hearing on H.R.3438, the "Require Evaluation before Implementing Executive Wishlists (REVIEW) Act of 2015"; and H.R.2631, the "Regulatory Predictability for Business Growth Act of 2015."

Tuesday, Nov 3
HOUSE JUDICIARY
Courts, Intellectual Property and the Internet Subcommittee hearing on "International Data Flows: Promoting Digital Trade in the 21st Century."

Wednesday, Nov 4
JOINT ECONOMIC COMMITTEE
Full committee hearing on "Ensuring Success for the Social Security Disability Insurance Program and Its Beneficiaries."

Wednesday, Nov 4
SENATE HOMELAND SECURITY AND GOVERNMENT AFFAIRS
Subcommittee on Regulatory Affairs and Federal Management hearing on "Agency Progress in Retrospective Review of Existing Regulations."

Wednesday, Nov 4
HOUSE FINANCIAL SERVICES
Fed Chair Janet Yellen will testify on bank regulation and the Fed's plans at a full committee hearing on "Semi-Annual Testimony on the Federal Reserve's Supervision and Regulation of the Financial System." The Dodd-Frank Act created the position of Fed vice chairman for supervision, who would testify twice a year at House and Senate, but the White House hasn't named anyone to that position.
across the globe
Wednesday, Nov 4
FRANKFURT, GERMANY
European Central Bank Forum "Banking Supervision: Europe in a Global Context." Participants include Mario Draghi, ECB President; Daničle Nouy, Chair of the Supervisory Board, ECB; Jonathan Hill, Commissioner for Financial Stability, Financial Services and Capital Markets Union, European Commission; Daničle Nouy, Chair of the Supervisory Board, ECB; and Lael Brainard, Member of the Board of Governors, Federal Reserve System.

Wednesday, Nov 4 -
Friday, Nov 6
BERN, SWITZERLAND
Joint Central Bank Conference organized by the Bank of Canada, the Federal Reserve Bank of Atlanta, the Federal Reserve Bank of Cleveland, and the Swiss National Bank.

Thursday, Nov 5 -
Friday, Nov 6
LONDON, ENGLAND
The Global Agenda 2015 sponsored by 'The Economist.' Bank of England Governor Mark Carney will participate in a Q&A on Thursday, the day the BOE announces its interest rate decision. 



other events
in alphabetical order by city

CHICAGO, ILLINOIS
Wednesday, Nov 4
CFTC Chairman Timothy Massad will deliver the keynote address at a Futures Industry Association conference. Other CFTC officials at the event include Jeffrey Bandman, acting director of the Division of Clearing and Risk; David Taylor, associate director of the Division of Market Oversight; and Eileen Flaherty, director of the Division of Swap Dealer and Intermediary Oversight.
 
NATIONAL HARBOR, MARYLAND
Sunday, Nov 1 -
Wednesday, Nov 4
2015 NSCP National Conference. Keynote speakers include FINRA's Susan Axelrod, David Chaves at the FBI, the MSRB's Lynnette Kelly and Marc Wyatt at SEC's OCIE.

LOS ANGELES, CALIFORNIA
Sunday, Nov 8 -
Tuesday, Nov 10
2015 ABA Annual Convention. Speakers include CFPB Director Richard Cordray, and Tony Crescenzi, executive VP, market strategist and generalist portfolio manager at PIMCO.
 
ORLANDO, FLORIDA
Wednesday, Nov 4 -
Friday, Nov 6
50th Annual Bank & Capital Markets Tax Institute. Keynote speakers include the FDIC's Rick Cywinski and David Jones.

WASHINGTON DC
Monday, Nov 2
The Peterson Institute for International Economics and the World Bank hold a discussion on "The New Global Trade Agenda."

Monday, Nov 2
The FACT Coalition and the Tax Justice Network hold a news conference to discuss "How Opaque Is the United States?" and to launch the 2015 Financial Secrecy Index.

Wednesday, Nov 4
Council on Foreign Relations holds symposium on "The State of U.S. Cybersecurity" with White House Special Assistant to the President and Cybersecurity Coordinator Michael Daniel, Homeland Security's Jeh Johnson, and House Homeland Security Committee Chairman Michael McCaul.
 
Wednesday, Nov 4
The SEC's Andrew Ceresney and Stephanie Avakian, FINRA's Russell G. Ryan; and William J. Stellmach of the DOJ will speak at the Securities Enforcement Forum 2015.
 
Wednesday, Nov 4
Caroline Atkinson, deputy assistant to President Obama and deputy national security adviser for international economics, speaks at Peterson Institute in Washington on "The G-20 and the Global Economy."
 
Wednesday, Nov 4
National Economists Club's 2015 Herbert Stein Memorial Lecture and Annual Members Dinner will feature Fed Vice Chairman Stanley Fischer.
 
Thursday, Nov 5
Christopher Stangl, the FBI's cyber division section chief, will speak at the ICI Cybersecurity Forum. 
 
Thursday, Nov 5 -
Friday, Nov 6
Fed Governor Lael Brainard and former Fed Chairman Ben Bernanke participate in the IMF's annual research conference "Economic Forum: Policy Lessons and the Future of Unconventional Monetary Policy."