FX Lobby Group Opens US Branch
The group has been busy promoting its "Model Code" against a backdrop of increasingly severe scandals in the FX industry of late, and counts some 13,000 professionals in its membership. Vincent Sangiovanni will act as president of the new entity.
"[ACI] has over 60 years of experience in the global markets. Our Committees are comprised of experienced professionals with a broad range of competencies," says Marshall Bailey, president of ACI International. "The Committee for Professionalism is actively engaged with central banks, government agencies and regulatory bodies to ensure our ACI Model Code of ethical conduct is reinforced with market guidelines that enhance the professional marketplace. At a time when the wholesale financial markets are seeking guidance, the ACI can provide the necessary leadership on a wide range of issues."
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