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. FIA PTG welcomed the competition and innovation introduced by the FTX Request, but cautioned that existing regulatory principles must apply. FIA PTG said that they do not yet have all the information they need to support the proposed FTX Model, but appreciate FTX’s willingness to engage with them as they work to gather the additional information needed.
