LedgerX highlights CFTC regulatory gap in customer asset rules

The U.S. Commodity Futures Trading Commission (CFTC) has actually focused its attention on how companies deal with client properties. The company has effectively acquired several CFTC registrations, strengthening its operations with enhanced consumer safeguards, such as property segregation.Importantly, Commissioner Johnson supporters for a modified regulatory structure that would provide consistent protection for retail customers, regardless of whether they trade through intermediaries or straight with non-intermediated DCOs such as LedgerX.Related: CFTC pays whistleblowers $16M this year for primarily crypto tipsThis appeal for action coincides with the public being given a 75-day window to use feedback on the proposition. This duration of reflection and discussion has the possible to assist the CFTC in resolving the regulative shortages pointed out by Commissioner Johnson.Hence, it ends up being the duty of the CFTC to guarantee that regulatory procedures stay aligned with the constantly changing derivatives market.