On June 14, the Futures Industry Association and the Commodity Markets Council submitted a petition asking the Commodity Futures Trading Commission to amend the Ownership and Control Reports Rule.
CONTINUE READINGI remember Rich Sandor, who was the guest speaker at a 10th anniversary celebration dinner sponsored by LIFFE, opening by likening himself to Elizabeth Taylor’s most recent husband. “I know what I’m supposed to do,” he said. “The challenge will be to make it interesting.”
CONTINUE READINGThe Australian Treasury and the Australian Securities and Investments Commission released draft legislative amendments to implement the proposed central clearing mandate for OTC derivatives in Australia and to provide relief from trade reporting obligations for certain users.
CONTINUE READINGFIA Asia and ASIFMA have submitted a joint letter to the Monetary Authority of Singapore (MAS) in response to the public consultation for the mandatory clearing of over-the-counter (OTC) derivative contracts.
CONTINUE READINGThe FIA submitted a letter to the Securities and Exchange Commission on Feb. 22 commenting on the SEC’s consolidated audit trail proposal.
CONTINUE READINGFIA filed a comment letter with the Commodity Futures Trading Commission on Dec. 17, 2014 expressing its support for the CFTC's proposed amendment to its residual interest requirements.
CONTINUE READINGOn Sept. 5, FIA submitted a letter to the European Securities and Markets Authority responding to ESMA's consultation on a proposed delay to the clearing obligation for "Category 3" counterparties, which are financial counterparties with a limited volume of derivatives trading activity.
CONTINUE READINGThomas Erickson of Cargill discusses how futures markets can help end-users manage their risks.
CONTINUE READINGThe FOA has issued guidance on the application of the best execution requirements under the FSA rules implementing MiFID in the UK.
CONTINUE READINGFollowing his keynote address at the 41st annual International Futures Industry Conference in Boca, CFTC Chairman Tim Massad and FIA president and CEO Walt Lukken discussed leverage ratio, its impact on the cost of clearing, and the potential implications for FIA members.
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