The Commissioner Discussed The Regulation On January 21
The Commissioner Of The Commodity Futures Trading Commission Cftc Talked About The Industry In An Interview
She Mentioned That The Market Needs To Be Protected Against Manipulation
Its Going To Be Difficult For Some Exchanges To Selfcertify That What They Put On Is Not Manipulated
If One Invests Millions Of Dollars And It Writes Down To Nearly Zero This Will Raise Questions About The Due Diligence
There Are Concerns That Ftx Ceos Revelations In Court About No Record Keeping And Control Over The Exchanges Finances
The Commissioner Said That They Have To Do Enforcement To Bring Trust And Confidence To People
She Said Its Important To Know How The Market Works And To Understand Its Weaknesses Such As Comingling Customer Assets And Cyber Security
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