In a "Midyear 2020 Advocacy Report," FIA highlighted efforts to address the COVID-19 related economic and operational issues.
News & Insights
Several industry associations provided commentary on a CFTC proposal to apply federal speculative position limits to 25 "core referenced futures contracts," including futures and options linked to those contracts and economically equivalent swaps.
The Managed Funds Association urged the CFTC to improve its regulatory framework and ease burdens on market participants in the private fund industry.
The MFA, SIFMA Asset Management Group and the Alternative Investment Management Association recommended that the CFTC examine "whether there are demonstrable concerns over excessive speculation" when revising its reproposed position limits rulemaking.
The CFTC Division of Market Oversight granted time-limited no-action relief to certain market participants, who are eligible for an exemption from aggregation, from having to comply with notice filing and certification requirements.