On March 12, SEC Chairman Paul Atkins and CFTC Chairman Michael Selig announced efforts to resolve a longstanding regulatory turf war between the two agencies. Speaking on The All-In Podcast, Atkins described the conflict as a crossfire that stifled innovation. Selig highlighted new coordination mechanisms, including a memorandum of understanding for information sharing and exploring alternative compliance methods to prevent dual regulation. He noted that prediction markets and crypto protocols are key areas requiring joint oversight.
SEC and CFTC Announce Major Regulatory Settlement to End Turf War
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