Puth: FX must repair its reputation

Global common code is chance to get things right

David Puth at CLS
Puth chairs BIS's market participants group

Foreign exchange market participants must close the integrity and ethics gaps that have surfaced over the years to repair the industry's tarnished reputation, says David Puth, chairman of the market participants group at the Bank for International Settlements (BIS).

"Unless we address the conduct issues that have surfaced over the past several years, we know we will face further challenges," he says.

Puth, chief executive of CLS Group, was the guest speaker at an ACI America event staged in New

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