CFTC and SEC to clarify the definition of swaps amid CME's lawsuit against the regulator
The US Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) have issued a joint request for public comment. The regulators want to update and clarify the definitions of a number of derivatives, and this is happening against the backdrop of the CME exchange's lawsuit against the CFTC. The request covers a wide range of topics, including the definitions of "swaps" and "security-based…
Schiff Accuses Saylor of Manipulating Strategy's Shares
Amid the falling share price of Strategy, the largest public corporate holder of bitcoins, economist Peter Schiff accused the company's founder Michael Saylor of deception. The economist claims that investors who bought the shares thanks to Saylor's promotion have every reason to file lawsuits, since…
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