Adam Cooper Chairman, FXPA; Senior Managing Director and Chief Legal Officer of Citadel LLC
Adam Cooper Chairman, FXPA; Senior Managing Director and Chief Legal Officer of Citadel LLC

FXPA. A new force for advancing the interests of the FX Industry

First Published: e-Forex Magazine 59 / Leader / January, 2015

The FX market stands at a critical juncture as technological innovation, new competitive forces, and an evolving market structure and regulatory framework redefine the FX landscape.  While financial market regulatory reforms introduced in the wake of the financial crisis generally did not encompass the FX market, new requirements have and will be applied to certain FX activities.   More recently, investigations and settlements related to the alleged manipulation of benchmark FX rates have heightened public scrutiny of the FX marketplace. Against this collective backdrop, the Foreign Exchange Professionals Association (FXPA) was formed by a diverse group of FX market participants to provide a unique contribution to the public dialogue. Officially launched After a series of meetings that began in January 2014, the FXPA officially launched on September 25, 2014. Based in Washington, DC, FXPA’s aim is to engage key US and international regulators, policymakers, the general public and news...continued

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