Scholars generally agree that June is named after Lucius Junius Brutus (545-509 BC), the soldier-legislator credited with founding the Roman Republic after he overthrew its longstanding monarchy. In addition to being the most popular month for weddings in the United States, June also includes National Ice Cream Soda Day (June 20) and National Take Your Dog to Work Day (June 23).
On June 5, NFA announced its intent to develop proficiency requirements for individuals who engage in swaps activities. The program will be applicable to all APs at FCMs, IBs, CTAs, CPOs and APs at swaps dealers and accessible online. NFA has formed an Advisory Committee to develop the requirements, and invites members to provide input or suggestions. Call Kristen Scaletta, Associate Director of Communications at (312)781-7860 or send her an email, kscaletta@nfa.futures.org.
The CFTC held an open meeting on June 4 to discuss among other issues: (i) proposed rule revisions to prohibitions and restrictions on proprietary trading, and certain interests in and relationships with hedge funds and private equity funds; and (ii) the proposed rule de minimis exception to swap dealer registration. The live webcast can be viewed on CFTC’s website.
MFA’s Forum 2018 Conference will be held at the Four Seasons Hotel in Chicago on June 21. Conference programming focuses on key investor trends, regulation and economic indicators that affect hedge fund industry traders. The full agenda and registration form are found on MFA’s Website.
Leo Melamed and Carl Luft will open open the 5th Annual NIBA/DePaul Symposium, August 8 with an arm-chair chat. Mr. Melamed, Chairman Emertius of CME Group and pioneer of financial futures, and Dr. Luft, Academic Director of Arditti Center for Risk Management and DePaul University Associate Professor will discuss financial industry history , where were in the process now and what new frontiers and opportunities the industry offers. Personally...I can’t wait to see this session! Registration is open now.
Have you claimed your NIBA membership? Free member and benefits are still available to all registered IBs and CTAs, but expire soon. For more information on your membership or for help accessing your free web directory listing, contact IB/CTA Membership Chair, Brad bjanitz@midlandira.com. Whether you indulge in an ice cream soda on June 20 or take your dog to work on the 23th, take a minute or two to claim your free NIBA membership now!
Best, Melinda
Melinda Schramm, Founder & Chairman
