Trade associations and financial groups responded to a CFTC proposal that would further define requirements on recovery and wind-down plans prepared by derivatives clearing organizations.
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The American Investment Council urged FTC to withdraw its proposal to "comprehensive[ly] redesign" the premerger notification form. The Council argued that FTC lacks statutory authority to demand nearly all of the information that would be newly required.
The Managed Funds Association urged the FTC to withdraw its proposed amendments to "redesign" the premerger notification process.
Multiple trade associations urged the SEC to withdraw its proposal requiring broker-dealers and investment advisers to eliminate or neutralize conflicts of interest associated with the use of predicative data analytic technologies.
Twenty-six trade associations banded together to urge the SEC not to adopt a proposed amendment to the "custody rule" because it would make "fundamental changes" to an already "well-established and demonstrably effective custody framework without a clear policy rationale."