Following the open comment period at the end of 2019, the FIA Law & Compliance Division’s Give-Up Subcommittee reviewed the comments received and further worked to revise the template EFP Agreements made available on FIA’s website. The revised templates are now available for final review before they are published on FIA’s website. Linked on the side of this page, you will find clean versions of the revised agreements, along with redlines, marked against the currently published, 2017 versions.
The Give-Up Subcommittee would like to specifically flag that it is proposing revised Customer and Trader versions, as well as two new Broker versions. We encourage you to read all four versions in full as there are differences between them. If you have any final feedback on these draft documents, please email Natalie Tynan by close of business on Friday, July 10, 2020. In order to provide needed and timely updates to these agreements, we intend to adhere to this deadline.
Below is a brief, non-exhaustive summary of certain changes made to the agreements, for your reference:
The Give-Up Subcommittee will consider all final comments and feedback on these draft documents. The Subcommittee may reach out to you for clarification on your comments and/or feedback. After considering all timely submissions, the Give-Up Subcommittee will recommend revised language to the Law & Compliance Executive Committee.
FIA will continue to assert copyright over all form agreements that it publishes, including those that incorporate suggestions from industry.
If you have any questions, please contact Natalie Tynan.