Read R.T. Leuchtkafer’s Outstanding CFTC Risk Controls and System Safeguards Comment Letter
There are quite a few comment letters from industry participants to the CFTC’s Risk Controls and System Safeguards for Automated Trading Environments Concept Release. The FIA has a detailed and well -organized one worth reading. You can read that one, and others, on the CFTC’s website.
Please, after your read the FIA one, and those from several HFT firms, take the time to read R.T. Leuchtkafer’s letter last.
You can read it here: