CFTC

CFTC, for one, was more a procedural decision than a sweeping legal shift.

The CFTC, in its current form, may also be a softer target for regulatory capture by the industry, depending on how it evolves after a bill is passed.

In 2019, Trump appointee Heath Tarbert took the reins at the CFTC.

So yesterday, in light of the coming regulatory deadline, I checked in with Slocum yet again: “No action by the CFTC.”

The cynical device FIT21 uses to neuter the SEC’s oversight of crypto investments is to turn that task over to the CFTC.