The Commodity Futures Trading Commission (CFTC) needs to redefine how it sets rules for retail investors now that the agency seems likely to take on oversight of spot crypto trading, said Commissioner Christy Goldsmith Romero.
She intends to propose a new retail investor definition, she said Friday in an interview with CoinDesk. Goldsmith Romero, who holds one of the Democratic seats on the five-member commission, said she’ll start with an informal concept posted on the agency’s website, asking for people to weigh in.
“We’ve got more retail investors coming into our markets that traditionally had been largely institutional,” she said.
‘Enforcement 40’ for 2020
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