Americas News
The latest industry and regulatory news affecting North and South America.
-
US Congress questions industry on merits and risks of FTX's non-intermediated model
US lawmakers questioned experts in the derivatives industry on May 12 about the recent proposal from FTX US Derivatives to clear margined products using a non-intermediated model. The hearing conducted by the US House of Representatives Committee on Agriculture was titled "Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models," and featured testimony from FIA President and CEO Walt Lukken.
CONTINUE READING -
FIA PTG responds to CFTC Request for Comment on FTX Request
In a letter filed today, the FIA Principal Traders Group (FIA PTG) responded to the Commodity Futures Trading Commission's (CFTC) Request for Comment on the FTX Request for Amended DCO Registration Order.
CONTINUE READING -
FIA PTG responds to SEC short sale marking proposal
In a letter filed today with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) raised concerns with the proposed short sale marking rulemaking.
CONTINUE READING -
FIA PTG responds to SEC proposed expansion of Reg ATS to Government Securities ATSs
In a letter filed today with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) again supported the SEC's efforts to increase transparency, access and the resiliency of the Government Securities marketplace by eliminating the exemption of Government Securities alternative trading systems (ATSs) from compliance with Regulation ATS.
CONTINUE READING -
FIA thanks Commissioner Stump for service at CFTC
Washington, DC—FIA President and CEO Walt Lukken made the following statement about the departure of Commissioner Dawn Stump from the US Commodity Futures Trading Commission.
CONTINUE READING -
FIA requests CFTC codify no-action relief for treatment of separate accounts by FCMs
FIA has written a letter to the US Commodity Futures Trading Commission requesting codification of no-action relief initially set forth in CFTC Letter No. 19-17, Advisory and Time-Limited No-Action Relief with Respect to the Treatment of Separate Accounts by Futures Commission Merchants, and subsequently extended in CFTC Letter Nos. 20-28 and 21-29.
CONTINUE READING -
FIA PTG responds to SEC proposal to shorten the securities transaction settlement cycle
In a letter filed today with the Securities and Exchange Commission (SEC) the FIA Principal Traders Group (FIA PTG) supported the proposed move from T+2 to T+1 settlement.
CONTINUE READING -
Trade associations raise concerns with SEC comment periods
The FIA Principal Traders Group (FIA PTG) recently joined 24 trade associations (Associations) in a joint letter to the Securities and Exchange Commission (Commission) regarding the importance of sufficient comment periods in connection with regulatory proposals.
CONTINUE READING -
FIA PTG responds to public reporting aspect of the SEC large security-based swaps proposal
In a letter filed with the SEC (Commission) today, the FIA Principal Traders Group (FIA PTG) requested the Commission eliminate the public disclosure aspect of the security-based swaps proposal and focus on regulatory reporting instead.
CONTINUE READING -
Commentary: Top takeaways from FIA Boca
FIA's annual conference in Boca Raton provides a unique opportunity for taking stock of trends in the listed and cleared derivatives industry. This year's conference, held on March 15-17, was no exception.
CONTINUE READING
