CFTC Proposes Measures to Safeguard Customer Funds in Derivatives Trading
The CFTC proposes a rule preventing the commingling of customer funds with derivatives clearing organizations (DCOs) in response to FTX's collapse. The proposal, open for public feedback, aims to shield customer funds and reduce the risk of large-scale losses. While most commissioners support the move, dissenting voices call for a thorough review and consideration of its impact on crypto investors. The proposal marks a significant development in the derivatives trading industry, and public feedback will shape its future.
Cheng Yuan
