On the recordJuly 20, 2011
The SEC and CFTC have worked jointly on those definition rules. So in that case we are actually aligned.
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congress.govThe SEC and CFTC have worked jointly on those definition rules. So in that case we are actually aligned.
Gensler asserts collaboration between SEC and CFTC on regulatory definitions.
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I do share your concerns that this is a field that is rife with fraud and manipulation and scams.
If I can say, breaking the law and not liking the law are different than lack of clarity.