Displaying results 241 - 250 of 270
ICYMI: Chairman Tarbert Discusses Position Limits on Bloomberg TV
… and I actually met with a farmer who said she uses the futures markets to hedge … The way it works is the farmer … … [R]ight now, the two biggest types of digital assets, bitcoin and ether, actually fall within our jurisdiction. So … seeing exchanges starting to list. Certainly, we’ve seen bitcoin futures, both cash settled as well as physically …
Testimony of Chairman J. Christopher Giancarlo before the Senate Committee On Appropriations Subcommittee on Financial Services and General Government, Washington, D.C.
… harvest prices.   For example, a grain elevator uses the futures market as the basis for the price it offers local … exchanges have the responsibility to ensure that their Bitcoin futures products and their cash-settlement process … materials to the public.   The Primer on Virtual Currency, Bitcoin webpage, and podcasts are just a few of the …
Remarks of Chairman Heath P. Tarbert on Self-Regulation at Northwestern University’s Brodsky Family JD-MBA Lecture
… and throughout the world. He is literally a member of the futures hall of fame. He's not only served as Chief … have derivatives on bushels of corn, we have derivatives on Bitcoin and Ether, and 21st century commodities, and all … are the types of derivatives? Just as a refresher, we have futures, which are an agreement to buy or sell something at …
Testimony of Commissioner Mark Wetjen before the U.S. House Committee on Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit Subcommittee
… of my thoughts on the reauthorization of the U.S. Commodity Futures Trading Commission (CFTC). It is a pleasure to be … enhanced protections of customer funds held by futures commission merchants (FCMs), and issued a concept … markets if those technologies become more widely embraced. Bitcoin-like protocols or distributed public ledger …
Statement of Commissioner Caroline D. Pham on Administrative Proceedings
… “Shotgun Hearings and Quickie Defaults,” U.S. Commodity Futures Trading Commission (Sept. 29, 2023), available at … Rulemaking to Amend Part 40 Regulations, U.S. Commodity Futures Trading Commission (Jul. 26, 2023), available at … 2023) (reversing the SEC’s order rejecting Grayscale’s spot Bitcoin ETF proposal as acting “arbitrarily and …
Opening Statement of Commissioner Kristin N. Johnson Before the Technology Advisory Committee
… and settlement of exchange-traded derivatives for many futures commission merchants (FCMs) and other participants … Lukken, the Chief Executive Officer and President of the Futures Industry Association announced the creation of a … to hearing from each of you today. [1] Satoshi Nakamoto, Bitcoin: A Peer-to-Peer Electronic Cash System. [2] E.g., …
Keynote Remarks of Commissioner Kristin N. Johnson at Rice University’s Baker Institute for Public Policy Annual Energy Summit
… the 100-year anniversary of Congress enacting the Grain Futures Act, which created the Grain Futures Administration agency. In the early years of our … positions in preexisting digital assets like ether and bitcoin. Each of these companies allowed investors to take …
Remarks of Chairman J. Christopher Giancarlo at Economic Club of Minnesota, Minneapolis, Minnesota
… a precedent setting victory in a trial involving Bitcoin fraud. [12] Coordination with Criminal Authorities … stated that these filings constituted “the largest futures market criminal enforcement action in Department … and its CEO for unlawfully offering products margined in Bitcoin without the required anti-money laundering …
Keynote Address of Commissioner Kristin Johnson at Digital Assets @ Duke Conference, Duke’s Pratt School of Engineering and Duke Financial Economics Center
… interview last fall, someone asked me what the Commodity Futures Trading Commission (“CFTC”) could do to prevent … the regulation of intermediaries such as broker-dealers, futures commission merchants, exchanges, and clearinghouses. … of FTX.US acquired LedgerX.  In 2022, Coinbase acquired bitcoin futures exchange FairX (operating as LMX); CBOE …
Dissenting Statement of Commissioner Christy Goldsmith Romero on Bitnomial’s Clearinghouse Application for a Bespoke, Vertically Integrated Cryptocurrency Market Structure
… the same parent company owning a CFTC-registered broker (futures commission merchant (FCM)) and exchange (DCM), as … does not need this bespoke market structure to clear Bitcoin derivatives as it has access to clearing services … financial stability risks, and systemic risk.  As the Futures Industry Association (FIA) commented: FIA highlights …