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FIA statement on CFTC Index Trader Report

FIA statement on CFTC Index Trader Report

11 September 2008 6:00pm EDT

Washington, D.C.—Sept. 11, 2008—The Futures Industry Association today issued the following statement from FIA President John Damgard regarding the Commodity Futures Trading Commission’s staff report on commodity swap dealers and index traders:

First, we applaud the CFTC's efforts to deepen the public’s understanding of the dynamics of the commodity futures markets. Today’s report sheds more light on how these markets function, and that is good for everyone who uses these markets and the public at large.

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