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CFTC Needs More Dialogue With Market Participants to Modernize Regulation

By: ZippyB

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“That culture is not solely part of what’s happening in the subsidiary but it’s often influenced by what’s happening in the parents,” Johnson said. She pointed out the CFTC lacked the oversight power to investigate FTX, which was based in the Bahamas at the time it sought Chapter 11 bankruptcy protection in November.



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