Who’s a Broker Now - and Who’s Watching?

The retail derivatives landscape is changing quickly. New technology, consumer and media platforms are competing for customers, while the growth of event contracts is creating new questions about market surveillance, suspicious activity and regulatory responsibility.

Join NIBA for two timely panel discussions examining who can bring customers to the futures markets—and what firms must be prepared to see once they arrive.

Panel One: The New Competition

CFTC Staff Letter 26-25 provides qualifying passive software providers with a conditional pathway to facilitate access to registered futures market participants without registering as introducing brokers.

Our panel will explore:

• Who is now competing for the retail derivatives customer
• Where software distribution ends and regulated solicitation begins
• What IB registration continues to provide
• What the changing landscape means for established IB

Panel Two: Your Customer Knew

Experts from Solidus Labs will examine the surveillance challenges created by prediction markets and event contracts—particularly when customers may be trading with information the wider market does not yet possess.

The discussion will cover:

• What a broker may see before a market-moving event
• How firms can identify, escalate and report suspicious activity
• The surveillance challenges unique to event contracts
• How these issues can extend into traditional commodity markets, including trading ahead of a nonpublic tariff decision

Be part of a practical conversation about competition, registration and market integrity in a rapidly evolving marketplace.