Citadel is a firm supporter of the G-20 reforms to the OTC derivatives markets, including the central clearing and trading requirements. These reforms have already begun and will continue to reduce interconnectedness and systemic risk, improve pre- and post-trade transparency, and foster an open, level, competitive playing field.

US

Europe

APAC

Citadel supports efforts to modernize the regulatory framework for the US Treasury markets, including the introduction of real-time public reporting, the registration of multilateral trading venues, non-discriminatory access to trading venues, and the expansion of repo clearing. Consistent with our longstanding commitment to more fair and efficient markets, we believe these changes will enhance transparency and resiliency in the US Treasury market and provide Treasury market participants with greater choice among trading venues and counterparties.

Comment Letter to SEC on FICC Clearing Access Proposals

Response to the Treasury “Request for Information” on Additional Transparency for Secondary Market Transactions of Treasury Securities

Comment Letter to SEC on FINRA’s Proposal to Publish Aggregated Transaction Information More Frequently

Citadel Comment Letter on FICC Sponsoring Member Program

Comment Letter to OFR on the Reporting of Repo Transactions

Other Financial Regulatory Policy Positions

Citadel believes that investors play an essential and beneficial role in financial markets, engaging in fundamental research and enhancing price discovery and market efficiency

Comment Letter to SEC on Private Fund Adviser Proposal

Comment Letter to SEC on Reporting of Securities Loans

Comment Letter to the CFTC on Project KISS

Comment Letter to the CFTC on Regulation Automated Trading (Reg AT)

Comment Letter to the CFTC on Position Limits (No. 2)

Foreign Exchange

Citadel supports the FX Global Code’s objectives of promoting a robust, fair, liquid, open, and appropriately transparent foreign exchange market, and believes that realizing these objectives requires a transition to fully firm pricing and the elimination of “last look” practices.

Comment Letter to the Global Foreign Exchange Committee on Last Look

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