SBF supports intermediaries in disclosing derivative trading information and conducting knowledge tests for investors

ChainCatcher news, according to The Block, FTX CEO Sam Bankman-Fried (SBF) agreed with U.S. Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero's views on the disclosure of derivatives trading information and knowledge testing, but he believes these tests should not be limited to digital currencies. SBF stated that requiring intermediaries such as futures commission merchants (FCMs) to disclose trading information and conduct knowledge-based testing is reasonable.

It is reported that Romero previously tweeted, "Establishing a category for retail investors can provide them with more consumer protection. For example, disclosure information written in a way that ordinary people can understand, or disclosure information that can be used when weighing leverage usage rules."

According to previous reports, CFTC Commissioner Christy Goldsmith Romero stated at the financial market quality conference on Friday that she intends to propose a new definition of retail investors that separates ordinary investors from professional investors/high-net-worth individuals. Romero said, "My suggestion is that we split the definition of retail into two, we can create rules and regulations for ordinary family members, and then we can expand access, which is a great opportunity to broaden access to financial markets." (source link)