SIA and FIA Submit Comments to the CFTC and SEC on Margin Rules Relating to Security Futures
Published on:
December 5, 2001
The Securities Industry Association (SIA)* and the Futures Industry Association (FIA) provide comments to the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC)on proposed customer margin rules relating to security futures; Release No. 34-44853, SEC File No. S7-16-01. The groups support many aspects of the proposed rulemaking, but believe that certain fundamental changes in the structure of the approach are necessary.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.