Documents/CFTCFACA305/1: Recommandations

1: Recommandations

As the exclusive regulator of agricultural futures markets, the Commission has determined that it is necessary to obtain advice on issues impacting those affected by these markets and to facilitate communications between the Commission and the diverse agricultural and agriculture-related organizations represented on the Committee. The Commission has found that the most efficient and thorough means of obtaining such advice and facilitating such communications is through the current Advisory Committee framework, since, among other things, it would be difficult to assemble a cross-section of persons that represent such a wide variety of agricultural organizations by other means. Moreover, the Advisory Committee is one of the least costly sources of such advice, particularly since the Commission does not compensate nonfederal members and does not provide for nonfederal members' travel expenses and accommodations for meetings.

Objective(s):