FIA supports CFTC efforts in energy market
Futures Industry Association (FIA) has pledged its support
for the recent efforts of Commodity Futures Trading Commission
in its bid to bolster price transparency and enhance market
surveillance in commodity and energy futures markets.
FIA and its members have long believed that futures
market price integrity is a paramount regulatory concern. We do
not support higher prices or lower prices on any market. We do
support prices discovered in what the Commodity Exchange Act
calls, liquid, fair and financially secure trading
facilities, read a FIA letter.
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