CFTC Commissioner Pham Announces Proposed Work Program for CFTC Global Markets Advisory Committee and Seeks PUBLIC Input by May 30. Topics include: derivatives market reform, recommendations on regulation of NFTs, recommendations to improve trade reporting for swaps market oversight.

by Dismal-Jellyfish Source: https://www.cftc.gov/PressRoom/PressReleases/8703-23 Commissioner Caroline D. Pham announced today the 2023-2025 proposed work program for the Commodity Futures Trading Commission’s Global Markets Advisory Committee (GMAC), including the Global Market Structure Subcommittee, the Digital Asset Markets Subcommittee, and the Technical Issues …

READ MORE

Regulation CREATES bubbles

Regulation Does Not Prevent Bubbles. Regulations Are Designed To Promote Risk Taking And Give the Impression That Some Assets Have No Risk. Regulation Does Not Prevent Bubbles. Regulations Are Designed To Promote Risk Taking And Give the Impression That Some …

READ MORE

Global FX Regulation

The Foreign Exchange (FX) market is currently under the microscope. Regulatory agencies from Switzerland, Germany, Europe, US, UK and Australia are investigating how the FX market works in practice and whether it’s prudent to regulate it globally. The causes for …

READ MORE