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OMG the CFTC tells it like it is

HAL1000

By HAL1000,
in Other Press

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HAL1000
HAL1000
RobertHarpool

RobertHarpool

Posted
Posted

He is not correct.

It is not for the SEC to determine if something is a security, and for the CFTC to follow suit.

The SEC does not have the lead role.

The law is crystal clear what distinguishes the playgrounds of CFTC, Treasury (FINCEN), and SEC.  

This CFTC dude is a wussy. 

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