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US Retail Traders Could Access Leveraged Spot Crypto for the First Time; CFTC Chair Engages Exchanges
Under the Commodity Exchange Act, a retail commodity transaction executed on a leveraged or margined basis is under the CFTC CFTC The 1974 Commodity Exchange Act (CEA) in the United States created the Commodity Futures Trading Commission (CFTC). The Commission protects and regulates market activities against manipulation, fraud, and abuse trade practices and promotes fairness in futures contracts. The CEA also included the Sad-Johnson Agreement, which defined the authority and responsibilities for the monitoring of financial contracts between the Commodity Futures Trading Commission and the Securities and Exchange ... (full story)
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