Objectives and Scope of Activities of the Joint CFTC-SEC Advisory Committee on Emerging Regulatory Issues

The committee's objectives and scope of activities shall be to conduct public meetings, to submit reports and recommendations to the CFTC and the SEC and otherwise to serve as a vehicle for discussion and communication on regulatory issues of mutual concern and their effect on the CFTC's and SEC's statutory responsibilities. Subjects to be addressed by the committee shall include, but will not be limited to, identification of emerging regulatory risks, assessment and quantification of the impact of such risks and their implications for investors and market participants, and the agencies' efforts on regulatory harmonization. The committee shall work to develop clear and specific goals toward identifying and addressing emerging regulatory risks, protecting investors and customers, and furthering regulatory harmonization, and to recommend processes and procedures for achieving and reporting on those goals. Read more about the Joint Committee's charter.

http://www.sec.gov/spotlight/sec-cftcjointcommittee/committee_mission.shtml