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CFTC Commissioner to Pitch Retail Investor Definition to Get Set for Crypto

Goldsmith Romero, who is the lead commissioner for the agency’s technology advisory committee, suggested that a new retail definition could be employed if the agency is weighing rules – for instance – on the use of leverage by investors. Establishing a retail-investor category could set aside “household” investors from the pros, she said, and could give them “more consumer protections, maybe more disclosures, written in a way that regular people understand.”