FIA PTG submitted a letter to the CFTC in support of a proposal by ICE Futures U.S., Inc. to clarify existing guidance on block trades. The proposed amendment provides additional details on the question of what is acceptable pre-hedging or anticipatory hedging activity in connection with what parties believe in good faith will result from the negotiation of a block trade. FIA PTG encouraged the Commission to approve the proposed amendment. The full letter is available here.
