The U.S. Department of Labor’s proposed re-definition of the term “fiduciary” in the Employee Retirement Income Security Act of 1974 (ERISA) is so broad that it could be interpreted to capture services provided by futures commission merchants and prevent them from executing trades for pension plans, FIA said in a July 21 letter.
FIA Europe CEO, Simon Puleston Jones delivered a keynote address at FOW Post-trade event in London on 11 May. His remarks, as prepared for delivery, follow:
FIA Chairman Gerald F. Corcoran testified on reauthorization of the Commodity Futures Trading Commission before the House Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit today.
FIA released a statement today in support of a CFTC final rule affecting certain procedural requirements for how futures commission merchants and their customers meet margin requirements.
This edition of InfoNet explores whether the industry is stuck in the mire or looking ahead to new opportunities. It inlcudes reports on three panel sessions covering the connectivity of global markets, the cost of compliance, and the current state of the industry, an interview with Nigel Foster, former Global Head of Derivatives at BlackRock and Head of all market facing activities, and a roundtable on collateral management.
FIA filed a comment letter with the Commodity Futures Trading Commission on Dec. 17, 2014 expressing its support for the CFTC's proposed amendment to its residual interest requirements.
WASHINGTON, D.C., Nov. 25, 2014—FIA today issued an updated version of its guide to the rules and regulations relating to customer fund protections in the U.S.
On June 24, the House of Representatives passed H.R. 4413, the Customer Protection and End User Relief Act, a bill to reauthorize the Commodity Futures Trading Commission through September 2018 and modify certain authorities of the CFTC within the Commodity Exchange Act
The Commodity Futures Trading Commission held a roundtable on April 3 to give energy companies, asset managers and other end-users a chance to vent their frustration with a number of Dodd-Frank requirements that affect their ability to use the futures and swaps markets.
