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FIA asks CFTC to allow FCMs to better use affiliate branches to avoid COVID-19 disruptions

26 March 2020

FIA filed a request for no-action relief from the CFTC on March 26 that would allow FCMs to make better use of staff in affiliate or branch locations during the COVID-19 pandemic. Specifically, the relief would permit FCM affiliates authorized to act as Introducing Brokers in accepting orders from U.S. customers for trading on foreign markets to use those same entities to accept orders from U.S. customers for trading on U.S. markets.

  • FIA
  • Americas
  • COVID19