CME Group Post Election Policy Analysis

Watch CME Group Chief Economist Blu Putnam discuss on Futures Institute the domestic and global economic policy implications of a Trump Administration. Watch Video Analysis Here Highlights Trump likely to ease regulations for banks, energy sector Healthcare to be rolled back Infrastructure spending, tax cuts likely on the agenda Fed rate hikes likely in December, three or more times in 2017 Summary The stunning victory of Republican Donald Trump that will take the businessman to the White House could lead to policy changes that ease regulations for the banking and energy sectors, with likely spending on infrastructure and tax cuts....

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NIBA in Washington, D.C.

October 26-27, members of the Board of Directors traveled to Washington for several scheduled meetings. This is a summary and comments on those meetings. Mike Burke, Ryan Griffeth & I especially want to thank the CFTC for their attention and interest in NIBA topics. At each of our meetings, we were warmly welcomed, respected — it was clear NIBA is an important part of the professional derivatives community. Commodity Markets Council: This association addresses industry issues focusing on agriculture, energy, finance, infrastructure and transportation. Our discussion, with Gregg Doud, President of the CMC, was around issues which our associations have....

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NIBA SoCal Conference – Feb 2017

Mark your calendar now for the NIBA winter event February 23 at the Newport Beach, CA Marriott as a little bit of Chicago and New York comes to Southern California! The NIBA regulary holds an annual spring meeting in New York City and a fall event in Chicago – the centers of futures trading in the U.S. In distant Southern California the futures business is spread out over an immense landscape – creating a “vacuum” of interpersonal relationships and perhaps too, a sense of detachment from the industry. The NIBA SoCal conference successfully addresses this situation. Attendees are afforded the....

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NIBA Board of Directors Election

The NIBA’s Board of Director’s election is upon us.  We have one member up for re-election this year.  Per the bylaws of the NIBA members must be notified of said election prior to the first day of November of the election year and voting must be completed prior to the last calendar day of the election year.  This article serves as a reminder for members to look out for a special announcement from the NIBA regarding the upcoming election and how to participate. **Please note only current members are eligible to vote**...

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Housekeeping, Reminders and Updates October 2016

  COMMODITY FUTURES TRADING COMMISSION Swap Dealer Registration De Minimis Exception In a press release issued October 13, 2016 (Release: PR7471-16) the Commodity Futures Trading Commission (“CFTC”) announced the approval of an order establishing de minimis threshold phase-in termination date pursuant to CFTC Regulation 1.3(ggg)(4)(ii)(C)(1), (the “Order”). The Order delays the de minimis threshold phase-in termination date by one year.  The Order formalized December 31, 2018 as the new swap dealer registration de minimis threshold phase-in termination date. With the approval of the Order, the de minimis threshold will remain at $8 billion until December 31, 2018 instead of decreasing....

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Ask NFA–October 2016

As your industry advocate, the NIBA provides many services which help your business stay in compliance with NFA regulations. “Ask the NFA,” is the way you can ask questions about those regulations and compliance requirements without having to call NFA directly. Just email us at [email protected] and we will get the answers for you. Please keep in mind the purpose of this contact is to keep the lines of communication between the NFA and NIBA members. This month’s questions were selected from those submitted by NIBA members. The answers were supplied by NFA staff. “I was wondering if you could....

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NFA Rep Panel Recap

I had the pleasure to moderating the NFA Rep Panel.  The three panelists shared their insights with the audience concerning the key issues and challenges facing the IB and CTA/CPO communities as they are addressed on the NFA Board level.  The panelists also responded to pertinent questions raised from the audience that covered a wide range of topics with very thoughtful and relevant responses.  One of the biggest takeaways gleaned from the Panel was the inspiring response that all three gave to the question of “how can I get involved.”  The Panelists encouraged the audience to volunteer to serve on....

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How CME Group Agricultural Markets Operate

Nothing is more important to CME Group than the integrity of our markets. We use a variety of controls throughout the life of each trade, and those protections help to ensure customers have confidence in the market so they can manage their risk.  We want to provide you with more information on how CME Group maintains the integrity of each market throughout the lifecycle of every trade. Please use the following link to read the full article: How CME Group Agricultural Markets Operate...

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Life of a Brokerage Firm

Life of a Brokerage Firm <Part Three> Ron Grossman and Ryan Griffeth conducted as series of interviews discussing the various stages of a brokerage firm.  Interviews are presented here in Q&A form.  The focus of part three is on the exit strategy, or lack thereof, and what firms who have formalized these types of strategies are doing to implement them successfully. <Industry Professional> Michael Coglianese, Coglianese, CPA How many firms do you talk to that have an exit strategy formalized?  10%.  They all should have them. What would you advise a firm or broker who had an exit strategy but....

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