CFTC division makes cryptocurrency surveillance one of its top priorities
Partner offers
The Block may may earn a commission if you use our partner offers, at no extra cost to you.
The Commodity Futures Trading Commission (CFTC) has announced its first examination priorities for registrants, which include cryptocurrency surveillance practices.
According to CFTC Chairman J. Christopher Giancarlo, it aims to improve CFTC’s relationship with the markets it regulates and promote “a culture of compliance.”
The Compliance Branch of the Division of Market Oversight (DMO) is responsible for examining designated contract markets while monitoring their compliance with the Commodity Exchange Act and CFTC regulations. DMO’s other priorities also include surveillance for disruptive trading, trade surveillance practices, block trade surveillance practices, and real-time market monitoring practices.
TAGS
