CFTC has issued a notice of proposed rulemaking for prediction markets, aiming to clarify what types of event contracts are eligible for listing or clearing by CFTC-registered entities. Read more below.
https://t.co/2jw9MN00u0
Today’s joint request for public comment presents an opportunity to address longstanding ambiguities within Title VII of Dodd-Frank that have stifled fair competition and responsible innovation.
I appreciate the partnership of @SECPaulSAtkins as we work together to further clarify jurisdictional lines and enhance cooperation between the @SECGov and @CFTC. Read more:
Natural gas is caught in a tug of war. Heat above normal through July 1 lifts power burn, but LNG feedgas slipped to 17.0 bcfd as Golden Pass and Freeport idle for maintenance. Henry Hub holds near $3.15. Cooling demand decides the next move.
https://t.co/IsbX9IG5f5
Weeks of war premium have drained out of crude. WTI sits near $76, the lowest since March, after the US-Iran framework set the Strait of Hormuz to reopen Friday and Iranian barrels to return. One-fifth of global oil flow back in play.
https://t.co/a0VGzwXUFQ
In the past, turf battles between the CFTC and SEC pushed novel products and innovators to the sidelines.
Those days are over. @SECPaulSAtkins and I are working together to bring security futures, security perpetuals, and other types of assets to market so that America remains the crypto capital of the world.
More below ⬇️: @Bankless
Market participants should not be penalized with onerous requirements for engaging in activities that reduce their portfolio risk. The Dodd-Frank Act massively over-regulated this type of activity.
Today's @CFTC staff action provides relief to certain firms that offer or utilize post-trade risk reduction services so that regulation is better aligned with risk.
GPU rental rates swung 48% in two months. Now compute has its first futures market. When an input moves like that, it stops being a cost and starts trading like a commodity, with the same risk tools built for oil and gas. https://t.co/K2l92svIkL