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.