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.
Viewpoint – Issues to watch in global derivatives markets
Global cleared derivative markets are made up of a wide variety of participants, from different geographies and different business disciplines. But surprisingly, many of my conversations to start 2023 have focused on a few key priorities.CONTINUE READING
Viewpoint - Lessons from the Year of Crypto
FTX's unlawful use of customer money should not completely overshadow the groundbreaking ideas it was proposing to disrupt finance. Direct access to exchanges, auto-liquidation, real-time margining—these ideas are not going away. Whether we like it or not, these new approaches to market structure will continue to challenge our way of doing business.CONTINUE READING
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