Dear Members,
As you receive this newsletter, the NIBA will be in Washington DC at the office of the CFTC. The talking points/agenda for the Commission, was developed from suggestions made by the membership, and includes:
- HFTs: What is the Commission’s definition, and what effect that could have on NIBA members.
- Follow-up on the economic impact of Regulations 1.35 (Recording of Communications which lead to a Transaction).
- Follow-up on the effect of Reg. 1.22 (“Residual Interest”) on Association members.
NIBA is also meeting with the Commodity Markets Council and other industry participants based in DC. A summary of those November 9 meetings will be posted in the next Association newsletter.
The NIBA Advisory Group will hold its first meeting December 2 in Chicago. The purpose of bringing this group of industry experts together is to discuss the changing role of the NIBA in today’s market and regulatory environment. Advisory Group members are listed on the website.
The NIBA Board of Directors will meet December 3 at the offices of our legal advisors, Baker & McKenzie in Chicago. If you have any topics you’d like to bring up for discussion, please forward them to me or Steve Petillo (petillo@coquest.com) prior to December 1.
Several NIBA events are already scheduled for 2016, the Association’s 25th Anniversary Year. They include at least 3 member meetings. If you’re interested in working on the meeting committees, please contact:
- New York City, April 20: Chairman Howard Rennell -- hrennell@e-windham.com
- Chicago/DePaul, July: Chairman Jerry Nolan -- jnolan@countycorkllc.com
- Chicago/Sept: Chairman T/B/A -- contact Steve Petillo -- petillo@coquest.com
Best Regards, Melinda
Melinda Schramm, Founder & Chairman
