Duffy argued that the Commodity Exchange Act defines futures as a contract with a delivery or expiration date.
They may remove expiration dates from existing digital commodity perp-style futures.
The trade-through rule is seen as one of the biggest barriers to tokenized U.S. equities trading in DeFi.
The SEC has proposed rescinding the trade-through rule.
SEC has proposed rescinding Rule 611 of Reg NMS, which contains the trade-through prohibition.
A structured framework is needed to evaluate if contracts are unlawful or contrary to the public interest.
Additional provisions will ensure alignment with the state frameworks to be certified under GENIUS.
Buy side is less prepared than the rest of the market.
Investors with more than $50 trillion in assets supported a federal climate disclosure rule.
