Industry Groups Slam ‘Overly Prescriptive’ Reg AT

(HFMWeek) Futures industry trade bodies, the FIA, the MFA and Aima have all issued letters calling for the CFTC to abandon its controversial Regulation Automated Trading, which is described in one as “neither necessary nor appropriate”. The letters were issued yesterday in response to the regulator’s re-proposed version of the rule, which was…

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