Under a Proposed Act, CFTC Would Have Laser Eyes to Regulate Crypto Spot Markets (Volume 56, Number 1—January 11, 2023)
Author: Neal Kumar.
Source: Volume 56, Number 01, January 1 2023 , pp.1-10(10)
Abstract:
The DCCPA is an act designed to address the perceived regulatory gap over the spot market for digital assets. In this article, the author addresses the overarching structure and key issues in the act. If passed, he finds that it would represent the largest expansion of U.S. financial regulatory jurisdiction since the Dodd-Frank Act of 2010.Keywords: Digital Commodities Consumer Protection Act of 2022 (DCCPA); Brokers; Custodians; Trading Facilities; CFTC Expanded Authority
Affiliations:
1: Willkie Farr & Gallagher LLP.