SEC and CFTC agree to coordinate oversight and regulate markets in harmony

The US Securities and Exchange Commission and the US Commodity Futures Trading Commission have agreed to better coordinate oversight of the financial markets, aiming to end decades of “regulatory turf wars.” The memorandum says it is a “pivotal time” to regulate in harmony as new trading models, digital infrastructure, and onchain, automated systems increasingly blur traditional jurisdictional lines.

To address that shift, the agencies will work to provide regulatory clarity and certainty built on technology-neutral regulations and will share information and data on issues of “common regulatory interest” to fulfill their respective mandates. That clarity is intended for market participants ranging from trading platforms, clearinghouses and data repositories to pooled investment vehicles, dealers and intermediaries, and for products that span securities and derivatives frameworks.

United States

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