The FIA published a list of proposed regulatory reforms that, if adopted, it believes would encourage the “growth and innovation” of derivatives markets while keeping markets and their participants safe. Among these reforms are amending leverage-based capital rules to not discourage futures commission merchant business by banks; re-proposing position limit rules to expand the availability of bona fide hedging exemptions; simplifying reporting rules; harmonizing reporting requirements with the Securities and Exchange Commission and international regulators; avoiding fragmentation of international swaps markets; withdrawing Regulation Automated Trading; and avoiding creating rules and regulations through enforcement activities.