Lummis criticizes Democrats opposing the CLARITY Act's inclusion of crypto retail investor protection provisions
U.S. Senator Cynthia Lummis posted on X that Democrats previously requested the establishment of a specialized body within the U.S. Commodity Futures Trading Commission (CFTC) to advocate for retail investors in crypto assets, and that the CLARITY Act already includes arrangements to establish an "Office of Retail Commodity Investor Rights Representative." She criticized Democrats for still voting against the bill, saying that this action obstructed the passage of a dedicated CFTC rights representative mechanism to protect retail investors.
U.S. Senator Cynthia Lummis posted on X that Democrats previously requested the establishment of a specialized body within the U.S. Commodity Futures Trading Commission (CFTC) to advocate for retail investors in crypto assets, and that the CLARITY Act already includes arrangements to establish an "Office of Retail Commodity Investor Rights Representative." She criticized Democrats for still voting against the bill, saying that this action obstructed the passage of a dedicated CFTC rights representative mechanism to protect retail investors.