Americas News
The latest industry and regulatory news affecting North and South America.
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FIA reflects on the 20-year anniversary of September 11, 2001
Today, FIA reflects on the events of September 11, 2001, and honors the many acts of bravery and courage shown on that day. We mourn the loss of life from the terrorist attacks, and we pay tribute to the heroism of the first responders who were responsible for saving so many.
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CFTC Market Risk Advisory Committee adopts CCP risk and governance reports
The US Commodity Futures Trading Commission held a public meeting of its Market Risk Advisory Committee (MRAC) on 13 July, via teleconference. At the meeting, the MRAC adopted two final reports from the Central Counterparty (CCP) Risk and Governance Subcommittee.
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FIA PTG opposes latest Consolidated Audit Trail funding proposal
In a letter filed with the SEC today, the FIA Principal Traders Group (FIA PTG) urged the Commission not to approve the amended Consolidated Audit Trail (CAT) funding proposal.
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FIA PTG supports Cboe voluntary compression service for market makers
In a letter filed with the SEC today, the FIA Principal Traders Group (FIA PTG) supported the Cboe's Proposal to add another compression tool.
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FIA statement on the US Senate confirmation of Gary Gensler to chair the SEC
FIA President and CEO Walt Lukken today made the following statement after the US Senate voted to confirm Gary Gensler as Chairman of the Securities and Exchange Commission (SEC)
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CFTC discusses rise of retail derivatives trading, reviews 2020 clearing trends
The US Commodity Futures Trading Commission held a meeting of its Global Markets Advisory Committee on March 11 via teleconference. The meeting, led by GMAC Sponsor and CFTC Commissioner Dawn D. Stump, focused on trends in retail investing in global derivatives markets, as well as a review of 2020 derivatives clearing trends including the impact of the pandemic on margin requirements.
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FIA raises concerns about retroactive re-pricing of energy related to Winter Storm Uri
On March 10, FIA sent letters to Texas officials, including Governor Greg Abbott, raising concerns about a recommendation made by a market monitor of the state’s utility commission for the grid operator to retroactively alter real-time wholesale electricity pricing for two days in February 2021 that experienced unusually high prices due to the Winter Storm Uri.
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FIA PTG supports SEC expansion of Regs ATS and SCI to Government Securities ATSs
In a letter filed with the U.S. Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) supported the proposed expansion of Regulations ATS and SCI to include Government Securities alternative trading systems (ATSs).
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CFTC Market Risk Advisory Committee discusses CCP margin, DCO disclosures
The US Commodity Futures Trading Commission held a meeting of its Market Risk Advisory Committee (MRAC) on 23 February via teleconference. Among other matters, the MRAC considered reports on CCP margin methodologies at central counterparties and how CCPs adopt rules and respond to feedback from market participants.
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FIA PTG supports FINRA proposed enhancements to TRACE reporting for US Treasury Securities
In a letter filed with FINRA today, the FIA Principal Traders Group (FIA PTG) supported proposed enhancements to TRACE reporting for US Treasury Securities.
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