Tomorrow, oct 16th, CFTC Division of Clearing and Risk and participants are holding a Roundtable on Existing, New and Emerging Issues in Clearing ....

https://www.cftc.gov/PressRoom/PressReleases/8998-24?utm_source=govdelivery

At the roundtable, participants will discuss the custody and delivery of digital assets; the use of digital assets as margin; 24/7 trading; non-intermediated clearing with margin; and conflicts of interest related to affiliations and vertically-integrated entities. The participants represent a wide variety of stakeholder groups in the derivatives industry. [See CFTC Press Release No. 8985-24]

Where have we seen this before? Oh yea...

That one time CFTC almost gave FTX full control of our commodities markets, mere weeks before it collapsed.. regardless of warnings.

https://youtu.be/s7oN3qMBAP0?si=apiyNPe7CIkmt-rs

They quite literally almost crashed our commodities markets with this BS. But who needs foods, lumber and metals, right? It's not like crypto markets are ripe with crime and highly unstable... /s

List of participants in this shit show are listed here. Includes Citadel, Miax(was FTX's LedgerX), robinhood, jump trading, ICE and more goons... jp morgan, goldman, ect..

https://www.cftc.gov/media/11441/staffroundtableparticipants101624/download

The agenda, https://www.cftc.gov/media/11446/staffroundtableagenda101624/download

With prerecorded opening statements from T appointed Mersinger and Pham... (deregulatory extremists)

Of course, all of this is announced the day before to only give Romero and Johnson one day to prepare..

This is digital assets and clearing... aka.. tokenized stocks. They are attempting to inject crypto(highly unstable, filled with crime and systemic risk) into our tradfi.

This is why they've been fighting so hard to remove GG and stop SEC. They wanted to give CFTC crypto jurisdiction because they want to clear our trades with vertical systems in unregulated spaces. major conflicts of interests against retail here. CFTC as it stands, is compromised. This won't end well. possibly a global markets crash. At the very least, vast crime against retail.

The retail public(us) has until oct 23rd to send comments regarding this meeting with the subject "Staff Roundtable on Clearing".

Give em hell yall.

http://comments.cftc.gov/