In a letter filed with the Securities and Exchange Commission (SEC) , the FIA Principal Traders Group opposed a Proposal that would generally require Association (FINRA) membership for any registered proprietary broker-dealer that effects securities transactions elsewhere than on a national securities exchange of which it is a member.
Citing significant costs and limited benefits, FIA PTG suggested there were less burdensome alternatives to accomplish the underlying goals set forth in the Proposal.
- FIA Principal Traders Group
- Equity Market Structure
- Treasury Market Structure