How Do US Regulators Cooperate to Oversee Exchanges That List Both Spot Crypto and Derivatives?
Oversight is often a joint effort, though the legal mandates are distinct. The SEC focuses on the spot market for assets deemed securities, while the CFTC regulates derivatives (futures, options) on commodities.
For exchanges listing both, there is regulatory overlap. They often coordinate through information sharing and joint enforcement task forces.
The lack of a unified regulatory framework, however, often leads to jurisdictional disputes, making clear cooperation essential but challenging.
Glossar
Information Sharing
Transparency ⎊ Information sharing in financial markets refers to the exchange of data and insights among participants, regulators, and market infrastructure providers.
US Regulators
Authority ⎊ The United States regulatory landscape governing cryptocurrency, options trading, and financial derivatives is complex, involving multiple agencies with overlapping and sometimes conflicting jurisdictions.
Financial Stability Oversight Council
Oversight ⎊ The Financial Stability Oversight Council, established by the Dodd-Frank Wall Street Reform and Consumer Protection Act, monitors systemic risk within the U.S.