Washington, D.C. —Dec. 11, 2009—The Futures Industry Association today issued the following statement in response to the passage of H.R. 4713, The Wall Street Reform and Consumer Protection Act of 2009.
"The Futures Industry Association has long favored closing gaps in the regulation of derivatives and promoting the value of the price discovery and hedging benefits provided by futures markets. The legislation passed today by the House of Representatives is an important step in this process. We look forward to working with the Senate to further improve this legislation."
