On December 16, 2015, FIA held a webinar focused on educating attendees on the CFTC's new proposed rules on automated trading (referred to as "Regulation AT"). The webinar also identified the market participants impacted by Regulation AT.
The proposed Regulation AT would require certain algorithmic traders to register with the CFTC and further require CFTC registrants who engage in automated trading to establish risk controls and comply with rules regarding the development, testing, and monitoring of automated trading systems. Regulation AT also proposes various regulatory requirements for clearing members and exchanges related to automated trading. The comment period for Regulation AT is 90 days from its publication in the Federal Register.
View the CFTC press release and fact sheet.
Presenters:
Paul Architzel, Partner, WilmerHale; Dan Berkovitz, Partner, WilmerHale; Neal Kumar, Associate, Cadwalader Wickersham & Taft; Allison Lurton, General Counsel, FIA; and Paul Pantano, Partner, Cadwalader Wickersham & Taft
