Americas News
The latest industry and regulatory news affecting North and South America.
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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 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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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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CFTC’s Evolving Disclosure Requirements
Traditionally, in contrast to the securities industry, transactions involving commodities and commodity derivatives have not been associated with extensive disclosures. After the Dodd Frank amendments, swap dealers are required to provide certain disclosures to their counterparties. Recent CFTC enforcement actions involving disclosure requirements test the outer boundaries and scope of required disclosures, in part channeling disclosure requirements imposed by the SEC. This seminar will discuss these requirements, emerging enforcement trends as well as developing industry responses, including in the United States, European Union and United Kingdom.
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FIA urges US Treasury Department to remain technology-neutral on AI
FIA's letter suggested Treasury focus on the applications of artificial intelligence within the context of a particular use case as opposed to the technology as a whole.
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FIA urges US Treasury Department to remain technology-neutral on AI
FIA's letter suggested Treasury focus on the applications of artificial intelligence within the context of a particular use case as opposed to the technology as a whole.
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FIA responds to FICC rules implementing the US Treasury clearing mandate
FIA responded to the Fixed Income Clearing Corporation’s (FICC) proposal to implement the SEC’s new clearing mandate for US Treasurys. FIA’s letter urges FICC to provide flexibility for market participants to clear US Treasurys at multiple clearinghouses, as they may arise in the future.
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Closing Chevron: Administrative Law Developments
Administrative law is center stage this year. Last week the U.S. Supreme Court overruled the well-known Chevron deference doctrine. This webinar will address the Court’s seismic decision and what it means for financial services regulation and federal administrative law more broadly moving forward.
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FIA responds to CDCC consultation on skin in the game
FIA and ISDA have responded to a consultation from the Canadian Derivatives Clearing Corporation on rule changes regarding skin in the game.
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FIA opposes California bill that would disrupt carbon markets
FIA filed a formal letter of opposition to California SB 1036, which would impede the development of robust and well-regulated voluntary carbon markets (VCMs). The legislation would subject entities that sell, issue, and engage in other activities relating to voluntary carbon offsets to heightened penalties under California law.
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