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FIA PTG responds to SEC Proposal to Require FINRA Membership

27 September 2022

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.

Read the full letter.

  • FIA PTG
  • FIA Principal Traders Group
  • Equity Market Structure
  • Treasury Market Structure