FIA provides the CFTC with the comments and recommendations set forth below in response to the Commission’s Notice of Proposed Rulemaking concerning Position Limits for Derivatives, 78 Fed. Reg. 75680 (Dec. 12, 2013) (“Proposed Rule”).
CONTINUE READINGOn 14 March, FIA submitted a response to the European Commission’s Fitness Check on Supervisory Reporting.
CONTINUE READINGOn 19 September, FIA submitted a response to the Ofgem Secure and Promote Review Consultation Paper published on 25 July 2017.
CONTINUE READINGFIA has commented on the European Commission’s published Draft Implementing Regulation on the extension of transitional period related to own funds requirements for exposure to central counterparties in the Capital Requirements Regulation.
CONTINUE READINGFIA sent a letter urging the Department of Labor to extend the applicability date of the Fiduciary Rule by 60 days and noted that a longer extension would be appropriate.
CONTINUE READINGThe Treasury options market, on the other hand, has moved much more slowly to adopt screen trading.
CONTINUE READINGOn June 24, the House of Representatives passed H.R. 4413, the Customer Protection and End User Relief Act, a bill to reauthorize the Commodity Futures Trading Commission through September 2018 and modify certain authorities of the CFTC within the Commodity Exchange Act
CONTINUE READINGThe last time we looked at the annual volume data, the numbers were stunningly negative. In 2012, the total number of futures and options traded globally fell by 15.3%, the biggest annual decline in more than a decade.
CONTINUE READINGThe Financial Stability Board, which was established by the Group of 20 leaders to coordinate the post-crisis financial reforms, reappointed Mark Carney for a second three-year term as chairman.
CONTINUE READINGWhen the European Commission launched its proposals to reform MiFID in October 2011, part of the reason was to implement some of the key principles of the reform program set out by the G20 leaders in response to the global financial crisis.
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