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A CFTC Commissioner Proposes a New Definition of Retail Investor

The Breakdown

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The Problem With Accredited Investor Rules

The CFTC is considering a new definition of retail investors in derivatives markets. With more retail investors coming into derivatives markets because of crypto, the CFTC should separate household retail from professional and high net worth. Establishing a household retail investor category could give them more consumer protections. For what it's worth, I don't know that it necessarily makes sense to be crypto-specific.

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