Fixed Income Market Structure Advisory Committee — ETFs and Bond Funds Subcommittee

Summary Minutes of August 22, 2018 Call

The ETFs and Bond Funds Subcommittee held a call on August 22, 2018. The call convened at approximately 3:00 p.m. Eastern. The following Subcommittee members were on the call:

Ananth Madhavan
Lynn Martin
Amy McGarrity
Kumar Venkataraman
Rachel Wilson
Michael Heaney

The following staff from the Division of Trading and Markets joined the call:

David Shillman
David Dimitrious
Thomas Eady
Arun Manoharan
Patrick Norton
Emerald Greywoode
Ben Bernstein

The following staff from the Division of Investment Management joined the call:

Christian Broadbent

The following staff from the Office of Municipal Securities joined the call:

Ahmed Abonamah
William Miller
Benjamin Tecmire

The following staff from the Division of Economic and Risk Analysis also joined the call:

Diana Knyazeva
John Ritter

The Subcommittee members discussed progress on a possible comment letter regarding the Commission’s recently proposed exchange traded funds rule. The Subcommittee also worked on a draft recommendation concerning education and data regarding exchange traded funds and bond funds. The Subcommittee will continue to work on these projects, and will plan to schedule additional calls with the possibility of also inviting panelists to join the calls.

The call concluded at approximately 4:00 p.m. Eastern.