The Managed Funds Association (MFA), an organisation representing the global alternative investment and private funds industry, has released policy recommendations for market structure reform in the equity, Treasury, and security-based swaps markets.
In its proposals, MFA advocates for proactive ways financial regulators can modernise the US market structure to enhance the strength and resiliency of markets and promote stability, liquidity, and integrity.
MFA’s US market structure policy recommendations include suggestions on how to enhance the transparency, liquidity, and efficiency of US equity markets and adapt to new trading practices and technology, how to modernise the Treasury markets to meet the changing demands and growth of the markets, and how to adopt a regulatory regime for the Security-Based Swaps (SBS) Market that provides sufficient flexibility to market participants while maintaining regulatory protections and market integrity.