SEC and CFTC Propose Round-the-Clock U.S. Financial Markets
- The SEC and CFTC leaders proposed a “24/7 Markets” policy to align U.S. securities trading with the nonstop nature of crypto and global markets.
- Plans were also suggested to ease rules for prediction markets, perpetual derivatives, and DeFi trading.
- A roundtable discussion on these proposals is scheduled for September 29.
- Critics argue that the reforms could be risky, while regulators emphasize ongoing discussions.
The SEC and CFTC’s proposal aims to modernize U.S. financial markets by adopting a continuous trading model similar to digital asset markets, potentially increasing competitiveness in a global economy.
This initiative marks a significant shift towards integrating traditional finance with emerging technologies like crypto, reflecting the evolving landscape of financial regulations in the United States. Source
