Treasury Market Structure
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FIA PTG Responds Again to FICC Proposals in Response To Treasury Clearing Mandate
In a letter filed with the Securities and Exchange Commission (SEC), the FIA Principal Traders Group (FIA PTG) commented again on the Fixed Income Clearing Corporation’s (“FICC”) proposals to revise its customer clearing access models, to modify its margin segregation rules and to adopt a trade submission requirement.
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FIA PTG responds to FICC trade submission requirement proposal
In a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) responded to the Fixed Income Clearing Corporation’s (FICC) trade submission requirement proposal.
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FIA PTG responds to CBOT block trade reporting window change
In a letter filed with the Commodity Futures Trading Commission, the FIA Principal Traders Group raised concerns with the self-certified rule change by the Chicago Board of Trade that extends the block trade reporting window for certain CBOT US Treasury futures contracts.
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FIA PTG responds to FICC Rule Change Proposals
In a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) responded to the Fixed Income Clearing Corporation’s (FICC) proposals to revise its customer clearing access models and to modify its margin segregation rules.
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FIA PTG responds to FINRA proposal to further shorten reporting windows for some bond contracts
In a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) urged the SEC to reject the Proposal which would reduce the current 15-Minute TRACE reporting timeframe to one minute across certain bond markets.
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FIA PTG responds to FINRA proposal to shorten reporting windows for some bond contracts
In a letter filed with FINRA today, the FIA Principal Traders Group (FIA PTG) supported a proposal to shorten reporting times in corporate bonds, agency debt securities, asset-backed securities and agency pass-through mortgage-backed securities traded to-be-announced for good delivery.
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FIA PTG responds to SEC Proposal to Require FINRA Membership
In a letter filed with the Securities and Exchange Commission (SEC) , the FIA Principal Traders Group opposed a Proposal that would generally require Association (FINRA) membership for any registered proprietary broker-dealer that effects securities transactions elsewhere than on a national securities exchange of which it is a member.
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FIA PTG Responds to US Treasury Request for Information on Transparency
In a letter filed with the US Department of the Treasury today, the FIA Principal Traders Group (FIA PTG) supported the implementation of real-time public reporting (with appropriate block trade thresholds) for all secondary market cash transactions.
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FIA PTG responds to FINRA Proposal to enhance TRACE reporting for US Treasury Securities
FIA PTG supported the proposal to “generally require reporting to TRACE as soon as practicable but no later than 60 minutes;” while urging FINRA to continue monitoring and consider shortening the reporting timeframe even further in the future.
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FIA PTG responds to SEC Dealer Definition Proposal
In a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group strongly opposed the SEC's Further Definition of “As a Part of a Regular Business” in the Definition of Dealer and Government Securities Dealer proposal and urged the SEC not to move forward with finalizing it.
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