Latest News

FIA and the FIA Principal Traders Group, along with several other financial services trade associations, have filed an amicus brief in response to the US Federal Trade Commission's appeal of a prior decision involving the FTC's final rule that would ban nearly all noncompete agreements in the US.

The FIA Principal Traders Group (FIA PTG) joined the FIA European Principal Traders Association (FIA EPTA) in responding to the Comissão de Valores Mobiliários' (CVM - Brazil's securities and exchange commission), public call for contributions to the regulatory discussion involving equity market structure in Brazil.

PTG responded to the US Treasury Department’s request for information on artificial intelligence.

The PTG said that the SEC has not justified expanding Reg SCI to broker-dealers nor has it adequately considered alternatives and the impact on competition.

In a letter filed today with the Securities and Exchange Commission (SEC) in response to the Risk Management Proposal, the PTG made recommendations to the SEC.

In the letter, PTG agreed with both FINRA and the Securities and Exchange Commission (SEC), who acknowledged the potentially significant monetary impact of applying the current TAF structure to PTF broker dealers that become FINRA members.