The CFTC Gave Exchanges 30 Days to Drop State Trading Restrictions. It Is Suing Ten States.
Photo: Blockchain Reporter
Thirty days. That is the deadline the Commodity Futures Trading Commission gave designated contract markets on Nov. 5 to stop restricting access by where a trader lives, or to explain in writing, to the agency’s Division of Market Oversight, why they cannot. The same agency is simultaneously litigating the question with ten states. The instrument is an interpretation of Regulation 38.151(b) , the impartial access requirement that has sat in the Code of Federal Regulations since 2012 without a public reading this specific. Chairman Michael S.
Source: Blockchain Reporter
