CFTC follows SEC in scrapping ‘no-deny’ policy for settlements

CFTC Chairman Mike Selig says the rescission of its “no-deny” policy means it now has more flexibility when settling enforcement actions.

Technical Analysis

CFTC scraps 'no-deny' policy, boosting enforcement flexibility.

This move aligns CFTC with SEC and tightens crypto oversight.

The change allows CFTC more leeway in settling enforcement cases.

CFTC Chairman Mike Selig explains the policy rescission.

Reportedly, the 'no-deny' policy's end enhances regulatory scrutiny.

CFTC Chairman Mike Selig says the rescission means more flexibility when settling enforcement actions.

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