The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight issued an advisory on Aug. 28 clarifying foreign board of trade (FBOT) registration rules for non-US exchanges seeking to provide Americans with direct market access.
Acting Chair Caroline Pham positioned the guidance as a remedy for trading activity that departed during previous enforcement actions.
The advisory reaffirms the CFTC’s framework established in the 1990s, which allows foreign exchanges to register and serve US traders across all asset classes, including digital assets.
Pham stated the guidance provides “regulatory clarity needed to legally onshore trading activity that was driven out of the United States due to the unprecedented regulation by enforcement approach of the past several years.”
The Division of Market Oversight received an increased number of inquiries about FBOT registration requirements and procedures as global derivatives markets expanded into new asset classes and tradin
We współpracy z: https://cryptoslate.com/cftc-issues-advisory-to-restore-us-access-to-foreign-crypto-exchanges/
