Friday’s proposal, which details how regulated firms must only put customer assets into an expanded list of the most liquid of investments, doesn’t consider “the context of a non-intermediated clearing model where the DCO offers direct client access to its clearing services, without the FCM as an intermediary,” said CFTC Commissioner Kristin Johnson.
Related posts
-
Spot Ether (ETH) Exchange-Traded Funds (ETFs) Are Likely to See Up to $5B of Net Inflows in First Six Months: Gemini
Net inflows into spot ether ETFs below $3 billion would be a disappointment given that bitcoin... -
U.S. SEC Sues Crypto-Friend Silvergate Bank, Alleging ‘Misleading’ Statements Around AML Program
“On several occasions prior to November 2022, Lane and Fraher – and through them SCC –... -
U.S. Administrative Procedure Law Exists for a Reason. The SEC Must Follow It
The regulator’s refusal to listen to dissenting opinion on its new Dealer Rule left us no...