On December 6, FIA CEO and President Walt Lukken wrote an open letter to CFTC Chairman Christopher Giancarlo outlining concerns with the process in which cryptocurrency futures have come to market.
CONTINUE READINGFIA, along with the FIA Principal Traders Group (FIA PTG), expressed grave concerns regarding a critically important provision in the CFTC’s proposed supplement to its draft rules on automated trading.
CONTINUE READINGAt FIA Expo 2016, CFTC Commissioner Christopher Giancarlo discusses his concerns with the source code requirements in the CFTC's proposed Reg AT.
CONTINUE READINGDeveloped by FIA, ISDA, EFAMA, EVIA, GFXD and GFMA, the best practices are available to all market participants to access and implement.
CONTINUE READINGFIA Operations Americas has published a guide to the administration of exchange and clearing transaction fees charged by U.S. futures exchanges.
CONTINUE READINGFIA has commented on the third set of draft Exchange Rules published by the Shanghai International Energy Exchange (INE).
CONTINUE READINGThe U.S. Department of Labor’s proposed re-definition of the term “fiduciary” in the Employee Retirement Income Security Act of 1974 (ERISA) is so broad that it could be interpreted to capture services provided by futures commission merchants and prevent them from executing trades for pension plans, FIA said in a July 21 letter.
CONTINUE READINGFIA has commented on the draft General Exchange Rules issued by the Shanghai International Energy Exchange facilitating futures trading for overseas participants. The draft rules are available here.
CONTINUE READINGThe Monetary Authority of Singapore (MAS) has sought feedback on proposed amendments to the Securities and Futures Act. Key changes include reforms relating to the regulation of OTC derivatives including regulation of derivatives markets, trading and licensing of intermediaries, changes to types of regulated activities and the transfer of regulation of commodity derivatives.
CONTINUE READINGFIA PTG is an association of more than 20 firms that trade their own capital on exchanges in futures, options and equities markets worldwide.
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