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CFTC to Propose Strengthening Regulations to Safeguard Customer Funds

November 09, 2023
The Commodity Futures Trading Commission (CFTC) is reportedly working on a draft proposal to enhance regulatory defenses and protect client funds. Coming in response to last year’s collapse of crypto giant FTX, the proposal aims to expand the scope of existing regulations to include exchanges that allow customers to trade without going through a brokerage, Bloomberg reported Thursday (Nov. […]