FIA has filed a comment letter responding to the Commodity Futures Trading Commission’s advanced notice of proposed rulemaking on risk management program (RMP) regulations for futures commission merchants and swap dealers.
FIA is concerned that revising the RMP regulations, absent demonstrable need, will increase burden on FCMs. The CFTC already has a robust, flexible, principles-based approach to risk management, and any changes to the current regime are unnecessary and not justified by a cost-benefit analysis.
Read the comment letter here.
- Operational and Regulatory Guidance