FIA’s Financial Management Committee submitted a petition for more flexibility for FCMs to invest customer funds in safe and liquid financial instruments under applicable CFTC rules. Specifically, the petition seeks an exemption from the CFTC that would allow FCMs to invest customer funds in an expanded set of permissible investments under Rule 1.25 to include investments in foreign sovereign debt, affiliate repurchase agreements, certain in-house transactions and adjustable rate securities that correlate to SOFR.
