FIA Statements and Testimony
FIA Statement on CFTC Customer Protection Rule (Oct. 31, 2013)
The Futures Industry Association today issued a statement regarding the Commodity Futures Trading Commission’s final rule on customer protections.
FIA Testifies at Senate Agriculture Committee Hearing on CFTC (July 17, 2013)
Walt Lukken, president and chief executive officer of the Futures Industry Association, testified before the Senate Agriculture Committee at a July 17 hearing on the reauthorization of the Commodity Futures Trading Commission. In his testimony, Lukken discussed industry efforts to improve customer protections following the failures of MF Global and Peregrine Financial. Lukken also discussed FIA's views on a pending CFTC customer protection proposal and the importance of minimizing complexity in the implementation of Dodd-Frank derivatives reforms.
FIA Testifies at House Agriculture Committee Hearing on CFTC (May 21, 2013)
Washington, D.C.—May 21, 2013—Walt Lukken, the President and Chief Executive Officer of the Futures Industry Association, testified today before the House Agriculture Committee at a hearing titled "The Future of the Commodity Futures Trading Commission: Market Perspectives." The hearing is the first of several planned by Representative Frank Lucas (R-Okla.), the committee's chairman, which is intended to inform committee members as they begin drafting legislation to reauthorize the CFTC.
In his testimony, Lukken discussed enhancements to customer protections, the implementation of Dodd-Frank requirements related to the clearing of derivatives, and the current state of the derivatives industry.Click Here for Testimony