Global menu
Our global pages
Close- Global home
- About us
- Global services/practices
- Industries/sectors
- Our people
- Events/webinars
- News and articles
- Eversheds Sutherland (International) Press Hub
- Eversheds Sutherland (US) Press Hub
- News and articles: choose a location
- Careers
- Careers with Eversheds Sutherland
- Careers: choose a location
Legal Alert: CFTC takes steps to increase regulatory oversight of virtual currency markets
- Hong Kong
- Other
05-06-2018
Protecting your assets
CFTC takes steps to increase regulatory oversight of virtual currency markets
The CFTC seeks to increase oversight of virtual currency spot and derivative markets by enlisting enforcement assistance from state securities regulators and commodities-related self-regulatory organizations.
Key Takeaways
- The CFTC acknowledges that virtual currencies are unlike any commodity it has dealt with in the past.
- Through a memorandum of agreement, state securities regulators can receive whistleblower leads, tips, complaints and referrals from the CFTC.
- A CFTC Staff Advisory with respect to Virtual Currency Derivative Product Listings seeks to heighten the self-regulatory obligations of exchanges and clearinghouses regarding virtual currency derivative products.
View the full legal alert here.
This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.
Eversheds Sutherland International