Now the MRAC must begin work on determining and analyzing the risks to our markets and consumers, in order to provide consultation on how best to address them. I am confident that the Commission will benefit from the recommendations of this Committee.The list is full of financial heavy hitters in the risk community and includes C-level representatives from academia as well as Goldman Sachs, Morgan Stanley, JP Morgan, the Federal Reserve Bank of New York, BlackRock, Cargill, and the Committee of Chief Risk Officers, to name a few. In total, as of today, there are 31 people on the Committee.
First chartered in 2014 the goal of the committee is to "detect and mitigate risks within the market to industry participants, consumers, and the broader financial community." For the current year the Committee plans on studying long-standing and nascent risks to the markets, in particular the swaps and futures market.
You can stay informed of upcoming reports and public meetings of MRAC by visiting TheGAFI.com.
For the original press release click here. For a link to the list of members click here.
Please note that there are other companies that sell gold and Bitcoin on the market, and you should always do your research when making decisions about your portfolio. Just like your personal health, if you're planning on having major surgery, you need to get a second, and sometimes a third, opinion. You want to make sure your surgeon is good and has performed the procedure many, many times. In the same way, you need to trust your broker and you need to make sure they are reputable. This is the process I used when looking for a broker to recommend.
Full disclosure: RegalAssets compensates me for everyone I send their way, but I would receive compensation from any company I chose to recommend. The only broker I'm recommending is Regal, primarily due to its innovative product offering in my favorite commodities - gold, precious metals and cryptocurrency like Bitcoin. They also have a distinguished track record for success (see below).
Next Steps: Use Regal as one of your options and compare against them. Your other brokers should be able to offer the same level of service and the same low rates. The kit is free and it will provide you with a basis for comparison. Don't wait, get started today. Fill out the form below to get your free investment kit.
If you're interested in learning more about gold investments, click here to receive a free gold investment kit from Regal Assets.
If you're interested in learning more about Bitcoin investments, click here to receive a free Bitcoin investment kit from Regal Wallet.