In an annual report, the SEC Division of Examinations identified current risks for investors and registrants and highlighted key areas for examination in 2024.
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CFTC Commissioner Kristin N. Johnson expressed discomfort with the notion that investors could interact directly with other investors on an exchange without going through the intermediation of a futures commission merchant.
SEC Commissioner Mark T. Uyeda touted the benefits of new technologies for markets, investors and regulators. He argued that "[j]ust because something is new does not mean that regulators should fear it and preclude financial institutions from utilizing it."
Ranking Member of the House Committee on Agriculture Glenn Thompson (R-PA) released a revised draft of the Digital Commodity Exchange Act, a bill "to bring certainty to developers, intermediaries, and customers in the digital asset marketplace by establishing clearly defined rules."
CFTC Commissioner Dawn Stump asserted that market participants need more clarity on the regulatory authorities of federal agencies with respect to cryptocurrencies and digital assets.