CFTC Gives Exchanges 30 Days to End Geographic Access Restrictions
7 Articles
7 Articles
CFTC Gives Exchanges 30 Days To Drop State Limits
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 C…
CFTC Orders Prediction Market Companies to Cease Geofencing States Within 30 Days
The Commodity Futures Trading Commission today issued an order to its designated contract markets to cease any prediction market geofencing restrictions in the U.S. within 30 days or provide them with an explanation of why they cannot comply with the order. The Commodity Futures Trading Commission (CFTC) issued a new interpretation of its second core … Continued
The CFTC gave the designated contract markets 30 days to remove national geographical restrictions that violate their fair access requirements or explain to the agency why they cannot comply.The interpretation also reaches, according to Crypto Briefing, brokers and other intermediaries that connect customers to those markets.
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