Friday’s proposal, which details how regulated firms must only put customer assets into an expanded list of the most liquid of investments, doesn’t consider “the context of a non-intermediated clearing model where the DCO offers direct client access to its clearing services, without the FCM as an intermediary,” said CFTC Commissioner Kristin Johnson.
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Bitcoin-focused company based in Paris wants...
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