CFTC’s new crypto market plan faces scrutiny after Loper Bright
Photo: Crypto Briefing
Renato Mariotti calls the agency's approach a clever reading of existing law but warns courts may not go along with it The Commodity Futures Trading Commission has a new plan for policing leveraged crypto trading. It does not need Congress to sign off. Whether it survives a judge is a separate question. Renato Mariotti says the CFTC’s strategy is a clever interpretation of its existing powers. He also warns that courts may refuse to accept it in a post- Loper Bright world, where agencies can no longer count on judges giving them the benefit of the doubt.
Source: Crypto Briefing
