November Chairman Letter

Dear Members, As you receive this newsletter, the NIBA will be in Washington DC at the office of the CFTC. The talking points/agenda for the Commission, was developed from suggestions made by the membership, and includes: HFTs: What is the Commission’s definition, and what effect that could have on NIBA members. Follow-up on the economic impact of Regulations 1.35 (Recording of Communications which lead to a Transaction). Follow-up on the effect of Reg. 1.22 (“Residual Interest”) on Association members. NIBA is also meeting with the Commodity Markets Council and other industry participants based in DC. A summary of those November…

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