Publications & Filings
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FIA responds to CFTC risk management proposals for FCMs
FIA has filed a comment letter responding to the Commodity Futures Trading Commission’s advanced notice of proposed rulemaking on risk management program (RMP) regulations for futures commission merchants and swap dealers.
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FIA signs letter to SEC on negative impacts of Safeguarding Advisory Client Assets proposal
FIA has joined with a diverse set of trade associations – 26 in total – in sending a letter to US Securities and Exchange Commission Chair Gary Gensler urging the SEC not to adopt the Safeguarding Advisory Client Assets proposed rule in its current form.
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FIA responds to DORA Level 2 consultations
FIA has responded to the European Supervisory Authorities’ consultations on the first batch of policy products under the Digital Operational Resilience Act (DORA). While FIA generally supports the ESAs’ proposed changes, the responses highlight remaining industry concerns and areas where more clarity is needed.
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Trade associations call for deletion of active account proposal
FIA and ten other trade associations have urged EU policymakers to delete the Active Account Requirement proposed in EMIR 3.0. The associations, which represent European end users of derivatives along with providers of clearing services, highlight the detrimental implications of the proposed requirement on EU capital markets, including fragmentation, loss of netting benefits, and making the EU less resilient to market stresses with no benefit to EU financial stability.
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FIA responds to CFTC proposed rule on Part 17 Large Trader Reporting
FIA has submitted a response to the Commodity Futures Trading Commission’s Large Trader Reporting Requirements Notice of Proposed Rulemaking and accompanying Guidebook.
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FIA responds to the IOSCO consultation on crypto-asset regulation
FIA has filed a response to a consultation report on policy recommendations for crypto and digital asset markets from the Board of International Organization of Securities Commissions (IOSCO).
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FIA and ISDA respond to SEC consultation on clearing agency recovery and wind-down plans
The Futures Industry Association (FIA) along with the International Swaps and Derivatives Association (ISDA) has submitted comments on the Security Exchange Commission's (SEC) proposed rulemaking regarding Clearing Agency Resilience and Recovery and Wind-Down Plans.
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FIA responds to LME rulebook consultation
FIA has issued its response to the LME consultation on initial action plan proposals and proposed miscellaneous amendments to the LME rulebook and LME Clear rulebook. While FIA generally supports the proposed changes, it highlighted that some LME Rulebook changes could pose legal challenges and raise concern regarding confidentiality treatment. FIA recommends further clarifications and consistency of approach with other exchanges.
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FIA suggests alternative framework for CFTC to clarify separate account margining
FIA has filed comments with the US Commodity Futures Trading Commission supporting the agency’s efforts to codify relief that market participants have come to rely on in offering separate account margining to customers while recommending that the CFTC take a different approach to adopting the relevant requirements in its rules.
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FIA welcomes EU-UK MoU on regulatory cooperation in financial services
"Cleared derivatives markets are truly global and know no boundaries, so FIA is pleased to see this MoU as a tangible sign of the commitment between the EU and UK to work together and usher in a renewed era of cooperation," said FIA President and CEO Walt Lukken.
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