In meeting held by teleconference, CFTC Chairman Heath Tarbert pledges to keep working on the agency's agenda amid the Coronavirus (COVID-19) pandemic.
FIA and its affiliated organizations, FIA PTG and FIA EPTA, issued a following statement in response to calls for short selling bans by global policymakers.
FIA filed a request for no-action relief from the CFTC on March 26 that would allow FCMs to make better use of staff in affiliate or branch locations during the COVID-19 pandemic.
"Keeping all U.S. financial markets open is essential to the well-being of the general economy and vital to maintaining and bolstering investor confidence, particularly once the economy recovers from the effects of this pandemic,” said the group.
