SEC Takes Aim at Bond Market Liquidity Issues in 2018

The SEC’s new Fixed Income Market Structure Advisory Committee aims to tackle difficult bond market liquidity challenges, with its first official meeting coming up this week.

The U.S. Securities and Exchange Commission (SEC) released its agenda for the inaugural meeting of the Fixed Income Market Structure Advisory Committee.

The meeting will be held on January 11, 2018, beginning at 9:30 a.m. Eastern.  

SEC officials established the advisory committee in late 2017 to provide a formal mechanism through which the commission can receive advice and recommendations on fixed income market structure issues. At the time, SEC leadership stressed that it was staffing the new committee with a diverse group of outside experts, including individuals representing the views of retail and institutional investors, small and large issuers, trading venues, dealers, and self-regulatory organizations, among others. The committee was established for an initial two-year term, which can be renewed by the SEC at will.

Its stated initial focus will be on the studying and promoting the liquidity and stability of the corporate bond and municipal securities markets. These subjects make up the bulk of the agenda set for the January 11 meeting.  

Members of the public who wish to provide their views on the matters to be considered by the Fixed Income Market Structure Advisory Committee may submit comments either electronically or on paper, as described below. SEC asks that those interested submit comments using one method only.

For electronic submissions, send an e-mail to For paper submissions, send copies in triplicate to “Brent Fields, Secretary, Securities and Exchange Commission, 100 F Street, N.E., Washington, D.C. 20549-1090.” All submissions should refer to File Number 265-30, and the file number should be included on the subject line if e-mail is used.

Read the full agenda here