Kumar Venkataraman, James M. Collins Chair in Finance at the Cox School, has been appointed by the U.S. Securities and Exchange Commission to serve on its newly formed Fixed Income Market Structure Advisory Committee. The committee, with an initial focus on the corporate bond and municipal securities markets, will provide advice to the Commission on the efficiency and resiliency of these markets and identify opportunities for regulatory improvements.
“Fixed income markets are larger in size and scope than stock markets,” said Venkataraman. “Yet, for a variety of reasons, trading in bonds continues to be dominated by old methods that do not exploit technology. I am honored to be part of a working group that plans to review bond market structure, and suggest ways to improve the market for bond investors.”
The SEC’s Fixed Income Market Structure Advisory Committee consists of a diverse group of 23 outside experts, including individuals representing the views of retail and institutional investors, small and large issuers, trading venues, dealers, self-regulatory organizations and more. Venkataraman is one of only two academics named to the committee.