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OMG the CFTC tells it like it is


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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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