Supplemental Comments on Digital Asset Markets (Joint Trades)
SIFMA and joint associations provided additional comments to the President’s Working Group (PWG) on Digital Asset Markets Chair in support…
The Asset Management Group (AMG) of SIFMA provides comments to the Commodity Futures Trading Commission (CFTC) on the CFTC’s February 11, 2011 Notice of Proposed
Rulemaking, which would consider (i) amendments to CFTC Rule 4.5 (Rule 4.5) that would (a) reinstate pre-2003 requirements applicable to investment companies registered under the Investment Company Act of 1940, as amended that rely on the Rule 4.5 exclusion from the definition of “commodity pool operator” (“CPO”) and (b) expand such criteria to include trading restrictions relating to swaps, (ii) the CFTC’s proposed rescission of the exemptions from CPO registration under CFTC Rules 4.13(a)(3) and (4) (the Rule 4.13 Proposal and, together with the Rule 4.5 Proposal, the Rule 4.5/4.13 Proposals) and (iii) certain other rules proposed by the CFTC in the Notice. SIFMA AMG believes that the Rule 4.5/4.13 Proposals should not be adopted because they would result in significant regulatory burdens and costs, which ultimately will be borne by investors, on otherwise regulated entities, without a corresponding benefit to investors, the markets or the general public.
SIFMA and joint associations provided additional comments to the President’s Working Group (PWG) on Digital Asset Markets Chair in support…
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on the Invitation to Comment - Financial Key Performance Indicators…
SIFMA, SIFMA AMG, American Bankers Association (ABA), Bank Policy Institute (BPI), Institute of International Bankers (IIB), Insured Retirement Institute (IRI),…