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Texas A & M Speech Texas A & M Speech

The CFTC, as its name suggests, regulates commodity futures markets, not spot markets, Stump reminded the audience.

Texas A & M Speech

The commission can bring enforcement against certain criminal conduct in spot markets for commodities, but it actively keeps tabs on futures markets for commodities and certain securities. This is simply not the case, nor in my opinion is this what the CFTC is best tasked to do.

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These are the same types of actions the CFTC would take against exchanges offering derivatives involving any other commodity. Ripplewhich will have major ramifications for which cryptocurrencies end up in the regulatory purviews of which agencies. All Rights Reserved.

Texas A & M Speech

This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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Texas A & M Speech

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