Sentences with phrase «authority over the spot»

Unlike the full regulatory authority the CFTC exercises over the derivative markets, the court explained that the CFTC's authority over the spot markets extended only to «manipulation or fraud.»

Quintenz said the SEC takes action against unregistered ICOs, while the CFTC has authority over spot trading.

One particularly interesting part of Giancarlo's testimony was where he mentioned that «current law does not provide any U.S. Federal regulator with such regulatory oversight authority over spot virtual currency platforms operating in the United States or abroad.»

Giancarlo says that «Current law does not provide any U.S. federal regulator with such regulatory oversight authority over spot virtual currency platforms».

Current law does not provide any U.S. federal regulator with such regulatory oversight authority over spot virtual currency platforms

Not exact matches

Second, the court held that the CEA grants the CFTC enforcement authority over fraud or manipulation in both derivatives markets and underlying spot markets.

Granting the CFTC's request for a preliminary injunction against the defendants who allegedly engaged in deception and fraud involving virtual currency spot markets, Judge Weinstein noted that» [u] ntil Congress clarifies the matter,» the CFTC has «concurrent authority» along with other state and federal administrative agencies and civil and criminal courts over transactions in virtual currency.

In so ruling, the court nonetheless recognized a significant distinction regarding the CFTC's regulatory authority over derivatives markets on the one hand and over cash or spot transactions on the other.

Currently, no federal regulator has direct authority over the cadre of exchanges that trade cryptocurrencies in the spot market.

On March 6, 2018, Judge Jack B. Weinstein of the U.S. District Court for the Eastern District of New York ruled that virtual currencies are commodities under the Commodity Exchange Act (CEA) and therefore subject to the Commodity Futures Trading Commission's (CFTC) anti-fraud and anti-manipulation enforcement authority.1 Granting the CFTC's request for a preliminary injunction against the defendants who allegedly engaged in deception and fraud involving virtual currency spot markets, Judge Weinstein noted that «[u] ntil Congress clarifies the matter,» the CFTC has «concurrent authority» along with other state and federal administrative agencies and civil and criminal courts over transactions in virtual currency.2

The European Securities and Markets Authority (Esma) said it may intervene in the retail markets of contract for difference (CFDs), binary options and rolling spot FX to address concerns over customer protection.

The European Securities and Markets Authority (ESMA) is urging the competent authorities of EU members to tighten control over entities offering financial speculative products like spot forex and binary options, indicated a question - and - answer (Q&A) document on the application of the Markets in Financial Instruments Directive (MiFID) published by the authority onAuthority (ESMA) is urging the competent authorities of EU members to tighten control over entities offering financial speculative products like spot forex and binary options, indicated a question - and - answer (Q&A) document on the application of the Markets in Financial Instruments Directive (MiFID) published by the authority onauthority on Tuesday.