“We’re basically sort of putting these regular people – in, like, retail – in the role of an FCM,” she said, referring to the disintermediated companies seeking to cut futures commission merchants out of the process. “Do you think that the regular people, the individuals who are involved in these matters, understand that they’re not a customer, they don’t have this access to to all the customer protections?”

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• Source: https://www.coindesk.com/policy/2023/12/13/cftc-pushes-ftx-inspired-rule-to-protect-customers-money/?utm_medium=referral&utm_source=rss&utm_campaign=headlines