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CFTC Seeks Input on Who Sets Margin for Retail Crypto Trades

CFTC Seeks Input on Who Sets Margin for Retail Crypto Trades

Photo: TokenPost

The CFTC is asking who should set margin requirements for leveraged retail crypto trades on federally regulated exchanges, a decision that would shape rules for collateral, liquidations and customer assets. The agency released its advance notice on Oct. 5, and it appeared in the Federal Register on Oct. 13. The notice asks whether to retain an existing model in which a clearing organization generally sets margin requirements and determines eligible collateral, or have the CFTC set more detailed rules. Margin is collateral a customer must maintain to support a financed trade.

Source: TokenPost

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