FIA PTG issued the following statement regarding today’s U.S. Commodity Futures Trading Commission (CFTC) Technology Advisory Committee (TAC) meeting. The statement is attributable to Jim Overdahl, Delta Strategy Group, on behalf of FIA PTG:
"FIA Principal Traders Group commends the Commission's Technical Advisory Committee (TAC) for facilitating this constructive dialogue. We stress the importance of industry participation and were pleased to see references to some of FIA PTG's own recommendations in the CFTC Concept Release announced this week. As we have previously stated, FIA PTG members support a well-regulated marketplace and empirically driven approaches to regulatory reform."