CFTC and SEC open comments for proposal to amend crypto reporting rules for large hedge funds
The public was invited to comment on whether the regulators should use the term “crypto asset” instead of “digital asset" in proposed changes to Form PF.
Auto Added by WPeMatico
The public was invited to comment on whether the regulators should use the term “crypto asset” instead of “digital asset" in proposed changes to Form PF.
The addition of Jill Sommers followed former CFTC commissioner Mark Wetjen becoming FTX US' head of policy and regulatory strategy in November 2021.
Under the U.S. Commodity Exchange Act and CFTC regulations, derivatives exchanges must have approval to operate as a Designated Contract Market or a Swap Execution Facility.
The Securities and Exchange Commission and the Commodities Futures Trading Commission are hoping to add new levels to the disclosures they require from large hedge funds and private wealth management...
The two U.S. financial regulators cited the growth in the hedge fund industry as the reason for the proposed change, due in part to digital asset investments becoming more common.
Both plaintiffs claim that Coinbase made fraudulent and deceptive representations regarding the company’s business.
Three different bills have been introduced in the U.S. this year to empower the Commodity Futures Trading Commission (CFTC) to be the primary regulator of the crypto spot markets. Lawmakers…
The financial regulator has stepped up its oversight of the digital assets space in recent weeks. U.S. Exchanges Under Investigation Coinbase is not the only cryptocurrency exchange the SEC is...
U.S. Congress will need to step in to decide who gets crypto regulation bragging rights if the SEC and CFTC cannot resolve the issue internally.
The bill defines digital commodities and requires registration of digital commodities platforms by the CFTC, with language that needs tightening.