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CFTC Commissioner Proposes Measures to Improve Investor Protection

Rather than backtracking trade activities after the fraud has occurred, the CFTC commissioner believes the focus should be on preventing them. A commissioner of the Commodity Futures Trading Commission (CFTC), Christy Goldsmith Romero has proposed several measures to improve investor protection. Romero made the proposal while speaking at the North American

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CFTC Commissioner plans to modernize investor protection with technology

CFTC Commissioner Christy Goldsmith Romero recommended regulators modernize its protection measures using technological advances as she warned that failure to do so would have a negative impact on American investors.Romero, speaking at the North American Securities Administrators Association’s annual meeting in San Diego, California, said that the government’s inability to

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Bitcoin gets $28K ‘plunge protection’ with BTC price due new volatility

Bitcoin (BTC) traders braced for classic volatility on July 26 as the United States Federal Reserve interest rate decision dawned.BTC/USD 1-hour chart. Source: TradingView"Let the games begin" for Bitcoin — FOMC day arrivesData from Cointelegraph Markets Pro and TradingView showed BTC price action hovering near $29,200.While barely moving since the

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South Korea Passes First Independent Crypto Bill to Strengthen Investor Protection

As per the VAUP legislation, the Financial Services Commission (FSC) will get the authority to oversee crypto operators as well as crypto custodians. South Korea has now implemented the first independent bill for digital assets in order to boost investor protection in the region. The development comes one year after

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EU consumer protection groups urge governments to investigate AI

Consumer protection groups from the European Union (EU) have urged regulators to conduct investigations on artificial intelligence (AI) models behind popular chatbots. According to a report from the AP on Tuesday, 13 watchdog groups issued a warning to their national consumer, data protection, competition and product safety authorities regarding concerns about

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