Publications & Filings
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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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FIA CEO Lukken testifies on "Future of Digital Assets" before US House Ag Committee
Testimony from FIA President and CEO Walter L. Lukken before the US House of Representatives Committee on Agriculture on 6 June, 2023, for its hearing titled "The Future of Digital Assets: Providing Clarity for Digital Asset Spot Markets.”
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FIA defends importance of settlement and price discovery in Texas court filing
FIA has filed an amicus brief with the Supreme Court of Texas in the case of Public Utility Commission of Texas v. Luminant Energy Company, stressing the importance of finality of settlement and price discovery in Texas’ wholesale electricity and related derivatives markets.
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FIA responds to EC consultation on REMIT
FIA, jointly with FIA EPTA and ISDA, has responded to the European Commission’s “Have your Say” on Wholesale energy markets – improving EU protection against market manipulation. This review of REMIT is being discussed by co-legislators alongside a review of the EU’s Electricity Market Design. In the response, the associations voice their concerns regarding several of the draft amendments in the legislative proposal.
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FIA warns proposed SEC safeguarding rule may harm FCMs, advisers and customers
FIA has filed comments with the US Securities and Exchange Commission (SEC) on a proposal that would replace its existing custody rule. FIA’s comment letter highlights the proposed rule’s potential harms to Futures Commission Merchants (FCMs), registered investment advisers (RIAs) and their underlying customers.
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FIA responds to CSRC consultation paper on draft rules on the supervision and administration of futures companies
FIA makes three key observations and suggestions in its submitted comments to the China Securities Regulatory Commission’s consultation paper on draft Measures for the Supervision and Administration of Futures Companies.
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FIA joins industry voices expressing concerns with FTC’s proposed ban on non-competes
FIA has filed comments with the US Federal Trade Commission raising concerns with its proposal to enact a near-categorical ban on non-compete provisions in U.S employment agreements.
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FIA files position paper on proposed MiFID II/MiFIR changes in relation to commodities
FIA and six other trade associations have jointly submitted a position paper to the European Commission, the European Parliament and a number of member states of the Council in relation to commodities and commodity derivatives ahead of a trilogue process on proposed amendments to MiFIR and MiFID that will commence on 18 April.
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Trade associations respond to European Commission's call for evidence on the EU Benchmarks Regulation
FIA has joined a group of trade associations in a response to the European Commission's call for evidence on the "Review of the scope and third-country regime of the EU Benchmarks Regulation". The associations strongly support the proposal that only systemically important EU and third-country benchmarks that have been positively designated by the European Commission should be in scope of BMR for mandatory compliance. This approach ensures the highest level of certainty and visibility for users and administrators of benchmarks. The criteria that must be satisfied in order to make a positive designation are critical and discussed in some detail in the response.
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