The CFTC opened rulemaking on leveraged and margined retail crypto trading. The proposal includes Regulation CTX and CAM, plus a new crypto asset market exchange category.

Better Markets says investors would get less protection under that setup than under the SEC, and that retail crypto oversight should not sit with the CFTC.

Retail leverage is getting a federal rulebook. The open fight is which agency writes it.

$RLC $RAD $ORCA