Standing Room Only!

It was standing room only at the 6th Annual July 11 NIBA/DePaul University Joint Symposium. NIBA thanks our event sponsors: DePaul University/Arditti Center Association of Futures Markets Dorman Trading Nanhua USA Sudrania Fund Management Electronic take-home bags have been sent to all attendees (You can check them out here in case you missed it) — if we missed you, please contact Steve Petillo, [email protected] Last week’s program included three business sessions which were taped and will soon be available on the NIBA website. Speakers and sessions include: Armchair Chat: Dan Roth, former CEO of NFA interviewed by Matt Kluchenek, Partner,.

Thanks to DePaul Planning Committee

Thanks!! Thanks to everyone who attended last week’s joint Symposium at DePaul University. It was another standing room-only event for the NIBA. Special thanks to this year’s planning committee: John Roe (Chairman), BTR Trading Dr. Carl Luft (Co-Chair), DePaul University/Arditti Center Katie Tervin, Zaner Group Andrew Strasman, Totem Asset Mark Shore, Coquest Advisors & DePaul University Tom Mitchell, Gain Capital Futures Steve Petillo, Straits Financial Melinda Schramm, NIBA If you would like to serve on the planning committee for NIBA’s annual fall membership meeting, please contact event chairman, Ryan Griffeth, [email protected]

Chairman’s Letter – July 2019

National Hot Dog Month National Ice Cream Month On July 15, Heath Tarbert took over as Chairman of the Commodity Futures Trading Commission (CFTC) replacing Chris Giancarlo who served for five years. The industry’s big question as posed by FIA SmartBrief is, will he be as supportive of the cryptoasset and fintech industries as his predecessor? Tarbert is an attorney who clerked for Supreme Court Justice Clarence Thomas, was associate counsel for George W. Bush and focused on global financial regulation when he was in private legal practice. Most recently, he served in the Trump administration’s department of the Treasury,.

NYC 2019 Conference Videos

The NIBAs annual spring NYC conference was a great success.  If you were not able to attend or if you would like to refresh some of the sessions please have a look at the conference videos.  The videos can be found at the link below NYC Spring 2019 Conference Videos

NIBA/DePaul Symposium – July 11th

“You’ve got to be very careful if you don’t know where you are going, because you might not get there.” — Yogi Berra Almost everything in life has its corresponding Yogism. The NIBA/DePaul Symposiums are no different, as over the past six years the Symposium has offered a forum to ponder as an industry where we have been, where we are now and where we are going. The 2019 symposium will continue that tradition, as we try to figure out which way we’re headed so we know when we get there. If to know where we are going we have.

NFA Reception/Board Meeting – Washington, D.C.

On May 16, NFA held their Board of Directors Meeting and Annual Reception in Washington DC. I was asked to represent the NIBA. At the board meeting, the NFA reviewed its budget and goals for the year. Maybe more importantly to NIBA members, the board approved the amendments to the NFA interpretative notice addressing Rule 2-9 Supervision of Branch Offices and GIBs. In early March, NFA staff met with NIBA board member Steve Petillo and myself to discuss the updating of this policy, and to learn the opinions of our members.The final notice reflects that conversation resulting in a more.

Chairman’s Letter – June 2019

June – National Smile Month Take Your Dog to Work Day (June 21) The U.S. Senate confirmed by an 85-9 voice vote on June 6, Heath Tarbert as incoming chairman of the CFTC, replacing current chairman Chris Giancarlo. Tarbert is a member of the Financial Stability Board, the international body established after the financial crisis to monitor global markets. He clerked for Supreme Court Justice Clarence Thomas prior to serving as Assistant Secretary for International Markets in the current administration. At 42 years old, he is one of the youngest chairman to ever serve. NIBA has a good relationship with.

NIBA/DePaul University Annual Symposium – July 11th

July is right around the corner and the DePaul symposium committee has been working hard to deliver an outstanding program once again this year.  Check the website for updates and for the full agenda to be announced in the coming weeks. Topics will include: “The State of Managed Business”  “Issue Briefings” on Regulation, Marketing and Product “Armchair chat with an industry Icon” Registration is now open and is filling up quickly so be sure to reserve your spot today! We greatly appreciate the support of our event sponsors:

CME Group to Launch Next Generation of CME SPAN Margin Methodology

CME Group, the world’s leading and most diverse derivatives marketplace, today announced it will launch the next generation of its industry-leading Standard Portfolio Analysis of Risk (SPAN) margin framework – CME SPAN 2. The new framework is slated for testing in the second half of 2019 and, pending regulatory review and approval, roll out in the first half of 2020. CME SPAN 2 will provide enhanced risk management capabilities in a single, unified interface by maintaining SPAN’s current calculations and functions while incorporating several new modeling, reporting and margin replication enhancements. As with SPAN, CME SPAN 2 will continue to.