FIA supports innovation in digital assets and smart regulation that allows products to prosper or fail on their merits. Our organization and our members make room for innovation and growth while still protecting customers and markets.
FIA submits comments to CTFC on request regarding FTX proposal on non-intermediated DCO model
FIA has a long history of supporting innovation in the derivatives industry and believes the FTX Proposal has prompted a healthy dialogue within the industry. However, there remain significant open questions and a lack of critical public information on the model set forth in the FTX Proposal that makes it difficult to analyze potential negative impacts on the customer protections and the clearing process at the heart of our futures markets.
US Senate hearing focuses on urgent need for crypto regulation
US Commodity Futures Trading Commission Chairman Rostin Behnam testified before the Senate Agriculture Committee on 1 December, discussing lessons learned from the collapse of FTX.CONTINUE READING
FTX and intermediation a hot topic in regulatory discussions at Expo
Policymakers and industry experts discussed the latest approaches to regulating emerging areas of derivatives markets at FIA Expo 2022 in Chicago on Monday, including areas like crypto assets, retail products and climate-related issues.CONTINUE READING
FIA joins other trade associations in industry response to second Basel consultation on cryptoassets
FIA also files a supplemental letter urging regulators not to penalise client clearing.CONTINUE READING
US senators express support for expanded CFTC oversight in digital commodities markets
The US Senate Committee on Agriculture, which oversees the US Commodity Futures Trading Commission, held a hearing on 15 September to discuss the Digital Commodities Consumer Protection Act, a bipartisan legislative proposal that would grant the CFTC additional oversight over spot digital commodities markets.CONTINUE READING