Friday’s proposal, which particulars how regulated corporations should solely put buyer property into an expanded checklist of probably the most liquid of investments, would not think about “the context of a non-intermediated clearing mannequin the place the DCO affords direct consumer entry to its clearing companies, with out the FCM as an middleman,” mentioned CFTC Commissioner Kristin Johnson.
Ex-FTX Unit LedgerX in Grey Space Past U.S. CFTC Proposal on Buyer Funds: Commissioner
