SEC and CFTC to Collaborate on Regulatory Frameworks

SEC Chairman Paul Atkins announced that the longstanding jurisdictional conflict between the SEC and CFTC has come to an end. According to NS3.AI, Atkins emphasized his commitment to working alongside CFTC Chairman Michael Selig to unify definitions, coordinate oversight, and enhance data sharing between the two agencies. The agencies have already signed a memorandum of understanding and are planning a joint policy initiative focused on emerging technologies, including cryptocurrency.