Americas News
The latest industry and regulatory news affecting North and South America.
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US political transition, prediction markets feature in election panel at Expo
Amid the Trump Administration’s breakneck pace of announcing Cabinet nominees, FIA Expo’s panel, Inside the Beltway: The Impact of the Election, drew strong interest. The speakers shared their expertise on the details of the CFTC leadership change, what the new Congress might tackle first, the likelihood of action on crypto legislation and the future of prediction markets.
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January 2025 in Sight: DORA State of Play
MEMBERS ONLY - The Digital Operational Resilience Act (DORA) sets out detailed requirements for incident reporting, ICT risk management, subcontracting, threat-led penetration testing, among other areas. This webinar will present the aim behind DORA, who it applies to, and the state of play.
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Commodities Enforcement Trends and Developments
The U.S. Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) are highly focused on commodities enforcement investigations and actions alleging market manipulation, spoofing, insider trading, breach of fiduciary duty, and fraud. Former senior DOJ prosecutors who led commodities enforcement investigations will highlight recent trends and developments in commodities enforcement actions and prosecutions, the statutes and enforcement tools used by the government, how legal theories have evolved, and best practices to mitigate risk.
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Trends in ETD Trading Q3 2024
FIA’s quarterly review of volume and open interest on derivatives exchanges worldwide. This webinar will provide insights into trends in trading activity in the global listed derivatives markets for the year to date. Areas of focus will include equity index derivatives in India, the US and Europe, interest rate futures and options in the US and Europe, and commodity futures and options in Europe, APAC and the US.
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FIA PTG Responds to Brazilian Equity Market Structure Consultation
FIA Principal Traders Group (FIA PTG) joined the FIA European Principal Traders Association (FIA EPTA) in responding to the Comissão de Valores Mobiliários' (CVM - Brazil's securities and exchange commission), public call for contributions to the regulatory discussion involving equity market structure in Brazil.
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Double Trouble (or More): Effectively Navigating Parallel Investigations
Market participants subject to enforcement investigations by the CFTC are increasingly having to deal not only with a single investigation, but also parallel investigations by the Department of Justice, non-U.S. regulators (such as in the UK, Asia, and Middle East), and sometimes the financial exchanges and other SROs. Parallel investigations present unique challenges for the target or subject, including in dealing with timing, production of information, testimony, whistleblowers, presentations, and potential resolutions – whether in the areas of market manipulation and other disruptive trading, anti-corruption, sanctions, or others. This is made all the more complicated when dealing with cross-border investigations. The team from Morgan Lewis—including a former chief of the Fraud Section and a leader of the Market Integrity & Major Frauds Unit—will address these challenges as evidenced in recent enforcement actions, and provide useful insights into approaches for navigating parallel investigations, in the U.S. and cross-border, to minimize risk and maximize the prospects for success.
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FIA voices concerns on joint data standards proposed by financial regulators
FIA voiced concerns regarding a proposed rule on joint data standards issued by several financial regulators (including the CFTC, SEC, and Treasury).
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FIA PTG urges the SEC to ensure Nasdaq equalizes all co-location data center latencies
In a letter filed with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) urged the SEC to take the following actions to ensure equalization of the entire Nasdaq collocation campus (NY11 and NY11-4) is completed expeditiously.
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FIA PTG Responds Again to FICC Proposals in Response To Treasury Clearing Mandate
In a letter filed with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) commented again on the Fixed Income Clearing Corporation’s (“FICC”) proposals to revise its customer clearing access models, to modify its margin segregation rules and to adopt a trade submission requirement.
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FIA PTG Comments Again on Application of 24X National Exchange LLC for Registration as an Exchange
In a letter filed with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) commented again on the application of 24X National Exchange LLC for registration as a national securities exchange.
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