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FIA Announces Hiring of Dawn Stump as Head of Government Affairs

The Futures Industry Association is pleased to announce that Dawn Stump will join the association as senior vice president and head of government affairs, starting Sept. 10. In this newly created position, Stump will lead and coordinate FIA’s relations with Congress and participate in the development and implementation of FIA’s legislative and regulatory strategy.

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NFA’s Board of Directors approves rule to enhance the customer segregated funds protection regime

The Board of Directors of National Futures Association (NFA) today approved amendments to NFA Financial Requirements that will require each futures commission merchant (FCM) to provide its Designated Self-Regulatory Organization (DSRO) with view-only access via the Internet to account information for each of the FCM’s customer segregated funds account(s) maintained and held at a bank or trust company. The same requirement would apply to the FCM’s customer secured account(s) held for customers trading on foreign futures exchanges. (more)

ICE to Stop EU Phase 2 Carbon Futures Deliveries in April

European Union carbon permits issued for the second phase of the EU’s emissions trading system will be eligible for delivery into futures contracts until April 2013, ICE Futures Europe said.

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