The Futures Industry Association ("FIA") and FIA Principal Traders Group (“FIA PTG”) (“collectively FIA”) appreciates the opportunity to provide the Technology Advisory Committee ("TAC") of the Commodity Futures Trading Commission ("CFTC" or "Commission") with comments on how the CFTC should develop a 21st-century surveillance system. FIA considers it important for the CFTC to gather industry and public input into the issues of data collection and CFTC surveillance in determining the appropriate priorities for the Commission and its staff in developing surveillance systems.
