CFTC Issues Advisory on Virtual Currency Derivative Product Listings
VIiew Debevoise Update
Key takeaways
- The Commodity Futures Trading Commission issued an advisory on virtual currency derivative product listings.
- The Advisory includes guidance for CFTC-registered entities that have listed, or are contemplating listing, virtual currency derivatives contracts.
- Designated contract markets and swap execution facilities active in this area must engage in enhanced market surveillance and coordinate their activities with CFTC staff.